
Sign up to save your podcasts
Or


Best of Tech 2023 - Part 1 from Smart Homes & VC Funding, to Tracking & Robots in Factories
- AZ TRT S04 EP35 (198) 9-3-2023
Clips of past Guests on Tech on BRT
What We Learned This Week
Seg. 1
Clips from:
Kenmore is Home Electricity Made Easy - Modernize the Smart Home from Appliances to the Electric Grid w/ CEO Sri Solur
- BRT S04 EP19 (181) 5-7-2023
Full Show: HERE
What We Learned This Week
· Kenmore is home electricity made easy. Kenmore is on a mission to modernize the home. Live More & Live Better. Also need to make it Affordable.
· Clean Tech goes w/ the smart home, smart appliances (that connect to the home) and the electrical power grid for better living
Electrical Grid needs to be modernized – cannot handle the current & future power demands
· Homes built Pre-1990 run on Electric Panels that are outdated – costs of $40K + to modernize to handle charging EVs at home
· Design of the Future House would have a Battery in it that could recharge your appliances and electronics during down hours.
· Solving problems in electricity and energy also have the same issues with working on better water and clean food. It is more than just an energy and electric issue.
Guest: Sri Solur, CEO, Kenmore / Brands
https://www.linkedin.com/in/solur
https://www.kenmore.com/
Sri Solur, CEO, Brands
Sri Solur is chief executive officer of brands for Kenmore at Transformco. An industry veteran with 25+ years of experience, Sri has a rich history of success leading high tech products and businesses. He previously served as CPO and GM at Berkshire Grey, a leader in industrial robotics, and was a member of the leadership team that took the company public. Sri also served as CPO at SharkNinja, and was instrumental in bringing the Shark IQ Robot vacuum and NinjaFoodi products to market, while also holding a leadership role to take the company public. Sri spent 20 years at Hewlett Packard, serving as founder and CPO of CloudPrint, the company's wearables and IOT business. In his career, Sri has created products for world-renowned brands including Hugo Boss, Movado, Ferrari, Juicy Couture, and more. Sri holds a bachelor's degree in Engineering from NIT and an MBA from Boston University.
As Earth Day approaches (April 22), Kenmore is empowering greener homes and people.
The trusted appliance maker recently unveiled a new "Home Electrification Made Easy" program that looks to simplify the electrification process and reduce overall costs in transitioning to electric appliances.
Kenmore has set an ambitious goal with the program to electrify one million homes that will ultimately save homeowners one billion dollars over the next decade.
Kenmore's innovation and energy programs are driving a new generation of electrification for today's home ecosystem. Some of the company's core innovations include:
This electric push comes as a new generation of homeowners seek to invest in smarter, greener home solutions and previous generations are coming up against new government standards making accessibility to like-for-like replacement equipment for their home obsolete.
With Kenmore's electrification program delivering a quick onramp to affordable green energy homes, homeowners of all backgrounds and budgets have a more attainable path to smart, green home adoption.
Seg. 2
Clips from: How do Startup Founders Raise Venture Capital? w/ Chris Smurthwaite of VC Insider
- BRT S04 EP05 (167) 1-29-2023
FULL Show: HERE
What We Learned This Week
Guest: Chris Smurthwaite of VC Insider
https://www.linkedin.com/in/csmurthwaite/
https://vcinsider.net/
Chris Smurthwaite is an ex-venture capitalist. He consults with & advises Startups on navigating the complex world of Venture Capital. He spent the last decade in corporate strategy, business development and growth operations on both the investor and innovator sides of the table.At age 30, was hired to run a corporate venture capital fund for a $1.4 billion company.
Among other accomplishments, the fund made:
Since 2013, I have:
Seg. 3
Clips from: Factory Automation + Robots w/ Brett Dooley of Bosch Rexroth
BRT S04 EP24 (187) 6-18-2023
Full Show: HERE
What We Learned This Week
· Brad Dooley has a background as an engineer (post career in the Navy) he is the only Rexroth employee in Arizona. His job is to create business relationships with EV, battery and chip industries.
· Factory Automation - The planning cycle could be several years. These big factories could be making millions of parts for example - spark plugs in the auto industry.
· Modern factories are a collaborative workspace, people in machines in the same space in a safe manner.
Guest: Brett Dooley - Senior Technical Sales Engineer, Bosch Rexroth
https://www.linkedin.com/in/dooleybrett/
Brett Dooley is a mechanical engineer at Bosch-Rexroth. He collaborates with business owners as well as engineers to develop targeted solutions for motion control and automation challenges. Brett uses his wide experience in business development, industrial repair, and a decade as an electronics tech in the US Navy submarine force to ensure delivery of an effective and robust automation system.
Bosch Rexroth
https://www.boschrexroth.com/en/us
YOUR PARTNER FOR THE NEXT GENERATION OF MOBILE MACHINES
Whether driving or working, hydraulic, hybrid or fully electric, Bosch Rexroth offers highly efficient, low noise and powerful electric motors, generators, inverters and hydraulics combined with modular software modules.
2017 - Today: Bosch Rexroth drives the digital transformation of the Factory of the Future, exceeds the limits with Connected Hydraulics and sets the stage for Transforming Mobile Machines. All products and solutions contribute to a more sustainable development of machines, manufacturing and daily life.
2001 – 2016: Move to one brand for software driven and interconnectible Drive & Control solutions
The merger of Mannesmann Rexroth with Bosch Automationstechnik establishes a global leader for Drive & Control solutions. They reach new levels of seamless integration of all relevant technologies for improved energy efficiency and safety.
Seg. 4
Clips from:
Track What Matters Most by Pebblebee w/ Founder Daniel Daoura & CEO Doug Bieter - BRT S04 EP20 (182) 5-14-2023
Full Show: HERE
What We Learned This Week
Daniel Daoura
https://pebblebee.com/
https://www.linkedin.com/in/daniel-daoura-3b363a7/
Pebblebee – Founder / CTO
Pebblebee is a multifaceted trackables company giving people peace of mind with our patented tracking solutions. We've engineered best in class, feature rich solutions that help you keep track of what matters most. Our Pebblebee product line caters to both consumers and businesses alike. We help connect consumers to their valuables and loved ones with wireless technologies such as LTE cellular and bluetooth. Learn more at www.pebblebee.com. We work to give you Peace of Mind.
Daniel Daoura, Founder & CTO, Pebblebee
Daniel Daoura is founder and chief technology officer of Pebblebee. A serial entrepreneur with over two decades of experience, Daniel has emerged as a visionary leader in the trackables industry. Daniel's journey to Pebblebee began at the University of Washington, with his thesis focused on predicting satellite communication traffic for military asset tracking systems. This would lead him to Boeing, where he spent over 10 years in lead engineering roles developing global software and hardware systems for military asset tracking communication systems. Leveraging this experience, Daniel ventured into the finder space, creating Pebblebee to help people track what matters most to them. To date, Daniel has more than 30 patents in the trackable and finder market. Daniel holds a B.S. in Computer Engineering and an M.S. in Electrical Engineering from the University of Washington, as well as an MBA in Finance from Seattle University.
Doug Bieter, CEO, Pebblebee
https://www.linkedin.com/in/doug-bieter-18643a/
Doug Bieter is chief executive officer of Pebblebee. In his role, Doug oversees business direction and operational plans to ultimately drive company growth. This includes managing corporate, financial, go-to-market strategy/execution and ultimately performance of the overall business. Doug is a Silicon Valley veteran with over 20 years of experience launching innovative new consumer products both domestically and internationally, and working with many early-stage companies from inception to exit. In his career, Doug has been responsible for strategy and go-to-market development in brands such as TiVo, Dropcam, Nest, eero, Owlcam, and more. Most recently, Doug has been Managing Director of Sourcenext US, driving corporate investments and partnerships in early to mid-stage companies looking for capital to drive international growth. Doug studied Economics, Marketing and Finance from the University of Minnesota.
Tech Topic: https://brt-show.libsyn.com/category/Tech
More - BRT Best of Tech
Best of AZ Tech Council: HERE
Best of Biotech from AZ Bio & Life Sciences to Jellatech: HERE
The Founders – How Tech Impacts All Areas of Business from Clean Energy to Smartwatches, E Bikes, Data & Investing - BRT Best of Tech 2022 Part 2: HERE
Thanks for Listening
Please Subscribe to the Podcast
AZ Tech Roundtable 2.0 with Matt Battaglia
The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.
AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.
Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…
AZ TRT Podcast Home Page: http://aztrtshow.com/
'Best Of' AZ TRT Podcast: Click Here
Podcast on Google: Click Here
Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/azpodcast/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
BRT S04 EP34 (197) 8-27-2023
What We Learned This Week:
· Blockbuster started in 1985, and scaled quickly after Wayne Huizenga purchased it in 1987, 10,000 stores at its height, dominant video rental co.
· Alan Payne instituted the Video Rental model of HEB to the Blockbuster franchises he ran – segmented movies to rent new ones for more
· Wayne Huizenga was a stellar Founder who built 3 fortune 500 companies – Waste Mgmt, Blockbuster, and Auto Nation
· Viacom purchased Blockbuster in 1994 for $8.4 billion, and went on to lose 75% of the value over the next decade +
· Competition was fierce from Hollywood Video, Redbox and then in 1997 by a new DVD rental by mail company called Netflix
· Netflix scaled into the internet company it always wanted to be with streaming in 2009
Guest: Alan Payne
Alan Payne spent thirty-one years in the movie rental business, the last twenty-five of those as a Blockbuster retail franchisee. He took over a small group of Blockbuster stores in 1993 and grew it into one of the largest and most successful chains in the company. He finally closed his last store in 2018, more than eight years after Blockbuster filed for bankruptcy.
Book: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust
From the Back Cover
Blockbuster was phenomenally successful in its early years and made thousands rich beyond their wildest dreams. But it was consistently outsmarted and outmanaged by smaller companies. And the challenges began earlier than you think--long before Netflix was even an idea in the minds of founders Reed Hastings and Marc Randolph. Blockbuster became one of the most iconic brands in the history of American business, but it cracked at the first sign of a challenge. From its founding, Blockbuster was a company built to fail.
Link: HERE
Alan Payne Bio:
Border Entertainment, LLC - 2000 to 2018 Founded a $34.2M franchise group with 41 independently owned Blockbuster stores.
President & Chief Executive Officer Held complete P&L responsibility while managing executive team (CFO, VP of Product Management, VP and GM Alaska Division, VP and GM El Paso Division, VP and GM South Texas Division) with 750 employees.
· Grew revenue to $34.2M with 41 stores located in Texas and Alaska.
· Capitalized business with $14M debt and $3M in private equity investment. Investors received over 35% internal rate of return. Fully retired debt in 2012.
· Grew sales 140% and profitability 190% during industry decline from 2000 to 2007. Expanded through same store sales increases, new store openings, relocations, and acquisitions.
· Created proprietary management systems by gathering and analyzing data around financial and inventory performance.
· Developed and implemented an aggressive real estate strategy, identifying heavily trafficked, high-volume locations.
· Cultivated culture of loyalty, retaining employees during wind down.
Alan Full Bio: HERE
Blockbuster Video[5] was an American video rental store chain. It was founded by David Cook in 1985 as a stand-alone mom-and-pop home video rental shop, but later grew into a national store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater.[6] The company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries.
Blockbuster – c/o Wikipedia: HERE
Harry Wayne Huizenga Sr.[1] (/haɪˈzɛŋɡə/; December 29, 1937 – March 22, 2018) was an American businessman. He founded AutoNation and Waste Management Inc., and was the owner or co-owner of Blockbuster Video, the Miami Dolphins of the National Football League (NFL), the Florida Panthers of the National Hockey League (NHL), and the Florida Marlins (now Miami Marlins) of Major League Baseball (MLB).
Wayne Huizenga – c/o Wikipedia: HERE
Notes:
Seg 1
Blockbuster was the premier video rental company in the 1990s. To put it in perspective how big they were, they brought in more revenue than theater ticket sales.
To add to that, if a movie bombed in the theater, it could be saved by video rental. Also with the introduction of DVDs in the late 1990s, movie studios started doing direct to video movies that would be released in rental stores like Blockbuster.
Pre-Internet was a different era for retail sales. In the 1990s you had huge retail companies like Blockbuster for rental movies, Tower records for CDs and music, and Borders for books. In the 2000s with the rise of the Internet, these businesses were all under attack. Netflix was growing with streaming, iTunes add streaming music, and Amazon was out selling borders with book sales.
In the mid-1990s Blockbuster at its height was the dominant video rental store with 40% market share. Hollywood Video is their main competitor with 20% market share.
Per Alan, half the weekly rental business was done on Friday and Saturday night from 7 to 10 PM. Blockbuster on weekends was the place to be, where the community was literally gathering for family night in movie rentals. There were new releases that came out every week and this section of the store was usually the most popular.
With the introduction of the VCR circa 1985 the video rental business took off. There were tons of small mom and pop video rental stores. The business didn't really have to be run that well as the industry was exploding.
Prior to this it was very difficult to see old movies. You had to have seen them in the past in the theater or wait for Network TV to air them. There was no control and very limited choices.
With the onset of Blockbuster in 1985, the video industry became more organized and professional. Blockbuster also had 6000 movie titles to rent, and scaled fast, opening stores by the dozen+.
Cost for Blockbuster to buy a movie was $70 per movie. They needed to rent the movie 20 times just to break even.
Blockbuster stores count were 5500 stores in the US, 1000 were franchisees and then corporate owned 4500. Corporate stores were typically in the larger markets, while the franchises were in the mid and smaller markets.
Seg 2
Alan bio, in the 1980s straight out of school he went to work for HEB grocery, the second largest grocery company in Texas and privately held. It was a $25 billion company run by CEO Charles Burt
In 1986, with the rise of Blockbuster started with just 30 to 40 stores. In 1987 HEB grocery started in the video business using Blockbuster as a model. They would own single location stores that were about 5 to 7000 ft.² in size.
H-E-B eventually opened 35 stores and was beating Blockbuster in sales had to head in the markets in Texas like San Antonio for example. A few years later HEB sold out to Hollywood Video and Hollywood Video went public.
In 1993 Alan got into franchises of Blockbuster working with Prime Cable. The business was struggling as Prime was not a retail company. They had 8 stores in Alaska and 10 stores in El Paso, Texas. Alan instituted the H-E-B model and was able to turn the stores around.
Blockbuster Business Model -
Blockbuster legitimized the video business, and made it more professional than the original mom and pop stores that were not run well. Wayne Huizenga had bought Blockbuster early on when it just had 20 stores and he grew it fast.
The formula was simple - all movies regardless of whether they were new or old or rented for three day at $3. The demand for new movies was huge. Blockbuster could've charged more renting new movies.
Alan used the H-E-B grocery video model that was developed. Rent movies by the day and charge more for new releases. Older movie you could charge a $1 a day and people could keep the movie for 3 to 5 days.
There was actually a lot of demand for older movies, and they were 15,000 movie titles of older movies in demand.
Seg 3
Wayne Huizenga is a great CEO and businessman. He was the only man to build three fortune 500 companies, Waste Management, Blockbuster, and Auto Nation. Auto Nation was run by CEO Mark Jackson, and is the premier car dealership.
Wayne admitted he was more interested in building the thing, not running things. He also went on to buy the Miami Dolphins in football in the 1990s, and start the Florida Marlins baseball franchise.
Blockbuster stores were well run, attractive, and demand was high. Their franchise colors of blue black background and yellow Blockbuster writing on the sign were easily visible. They also picked very good real estate locations for their stores.
In 1994, Wayne sold Blockbuster to Viacom for $8.4 billion. In just seven years, built valuation from 1987 to 1994 when built up the business for a return of hundreds of percent. He paid $15 million, and sold it for $8.4 billion.
Viacom rolled the business into its total corporate structure and six years later they spun it off at a $1.5 billion valuation in six years, they lost 75% of the value of the business, it was poorly run.
Viacom was a TV company with major networks like Nickelodeon run by Sumner Redstone. He wanted to get involved in the movie business and use the Blockbuster purchase eventually to get Paramont studios.
Blockbuster when purchased was cash flowing $1 billion a year, it was making lots of money.
Steve Berrard was named the CEO of Blockbuster after the Viacom purchase, and only lasted one year. Then Bill Fields was brought in as the second Viacom CEO of Blockbuster.
Fields had a Walmart background, so he was hired for his experience in retail. He had no clue though how to run the video business. He also lasted less than one year, and the cash flow was starting to go negative.
Seg 4
1997 the DVD was introduced and this would change the movie and rental business. DVDs were created to be sold direct to consumer. 1997 is also the year that Netflix started with their DVD rental business through the mail. In 1999, the video rental business peaked at $10 billion a year in revenues. Post 1999 thru 2006 sales were flat to small growth.
1997 Blockbuster got their 3rd CEO, John Antioco, who served as Blockbuster CEO from 1997 through 2007. He also had a retail background and marketing. He had been at Taco Bell briefly, and prior to that he spent 20 years at 7-Eleven.
7-Eleven is a huge retail store that's really about location and real estate. They sell gas soda beer and cigarettes. They are not known for being great in retail. One thing John did as the new blockbuster CEO which was good, he started to engage with the franchisees.
In the late 1990s you were starting to see technology in the Internet slowly affect new businesses. When Netflix was created they always intended to be an Internet company, it just took them 10 years to get where they wanted to be.
John running Blockbuster that stable to slow growth. He doubled top line revenue and doubled the amount of stores blockbuster had but the profit margins went down. Had its height in the early 2000s blockbuster at 5500 US stores and 3 to 4000 stores outside the US.
Blockbuster at the typical business fix cost of rent labor and taxes, which were slowly increasing year after year. Gross margin is just the rental revenue minus the cost of the product.
The cost of the DVD product have been cut in half by the early 2000s. DVDs were made cheaper as the movie business was trying to sell direct to consumer, and kill the rental business if possible.
The rental business revenues started flattening out post 2005. Sell through business for DVDs from movie studios was increasing every year, and had tripled in just a few years in sales.
In theory, Blockbusters gross margin should've gone up but instead was declining. They had the Proto typical business math problem of high costs and not enough sales.
The Great Recession of 2008 was really the beginning of the end for Blockbuster. By 2010 blockbuster and filed bankruptcy. It was the end of an era of a very strong stable business at one point for video sales rental.
Seg 5 – Bonus
Netflix started in 1997, with a business model of DVD rental via the mail. Even though Netflix only had a small portion of market share, by 2004 blockbuster felt compelled to compete with Netflix on the video rental via sales but failed.
Netflix originally did not have their subscription model. That model was added a few years in, circa 2007. In 2010, Netflix started adjusting their business model and experimenting heavily with streaming. The streaming business model for Netflix really didn't take off until post 2010.
Netflix created their AI recommendation model. This taught their subscriber base how to enjoy titles. Netflix overall model was customer centric. If a customer liked comedy Netflix could recommend 10 more comedies to them.
Another thing the customers loved was Netflix would release the full season of the TV series at one time. This created the streaming binge watch phenomenon. By contrast Blockbuster had tons of customer data but never did anything with that data. In theory Blockbuster could've been Netflix, and at one point almost bought Netflix.
Netflix original niche was renting older movies with the recommendation model. Netflix also created the queue system. Netflix sent titles in a customer's queue of 20 movies and would control what movies the customer would get sent in the mail.
In 1998, Blockbuster had to start a revenue sharing of profits with movie studios and this really hurt gross margin in the video rental business. Unit volume sales were not stable as time went on. Overall top line volume sounds was inconsistent.
Blockbuster at one point tried the subscription model, but physically in stores. It failed for it did not work in an actual brick and mortar retail store. Blockbuster in the mid-2000s used gimmick solutions which never really addressed the fundamental problems that were happening.
Reed Hastings of Netflix offered to sell the company to Blockbuster in 2000 for $50 million. Netflix wanted to join forces. Reed Hastings goal from day one, was to be an Internet company. Blockbuster was not able to work out the deal, so it never materialized.
Reed Hastings of Netflix was a true founder and original. He had vision. Founders may not be the best operators all the time, but they must have vision. There are some founders though who not only have vision, but also can be an operator. Examples are Reed Hastings of Netflix, Steve Jobs of Apple, Mark Zuckerberg with Facebook.
Wayne Huizenga was a founder, but not an operator. You go from the founder mentality to the operator mentality, but this never materialized in the history of Blockbuster.
Overall, Blockbuster management never really understood the business they were in. They were in the customer business, but never really focused on the customer. This is how over the long term they were beat out by companies like Netflix, and even Amazon.
Peter Drucker (famous business consultant) would ask the important question: 'What business are you in?' – to understand who your customers are, what they need, and how to market and sell to your customer
Postscript:
Alan Payne closed his last blockbuster store in 2018, and then wrote the Built to Fail Blockbuster book. He does not know what his next endeavor is….
If you enjoyed this show, you may like:
BRT Marketing: HERE
BRT Business: HERE
More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
Transparency in Tech by Ramprate w/ Tony Greenberg
BRT S04 EP33 (196) 8-20-2023
What We Learned This Week
Tony and Ramprate work with about 40 companies.
· The core mission he wants to see from all companies is what type of impact can they have, how do they create value to help society.
· Question: What is the social impact of all technology companies?
· We need more transparency by companies with pricing
· Service agreements with tech companies are very long and hard to follow. Need a summary of the rights of the end user.
Guest: Tony Greenberg, CEO of Ramprate
https://www.linkedin.com/in/tonygreenberg/
https://tonygreenberg.com/
https://ramprate.com/it-sourcing/leadership-team/
Tony Greenberg, CEO
An unstoppable force of connecting great minds and generating ideas, Tony Greenberg spent 20 years pushing against the immovable object of myopia and corruption in how enterprise technology is bought and sold before turning his powers for the good of the blockchain community. As investor and advisor to more than a dozen startups focused on maximizing social impact in blockchain, health care, and emerging markets, he is mentoring executive teams as well as building partnerships and go-to-market strategies to turn good ideas into thriving businesses. As CEO of RampRate, he is saving millions, improving flexibility, and optimizing supplier relationships for more than 100 top brands such as Microsoft, eBay, Nike, and Hearst, while ensuring that corporate social responsibility becomes a bigger part of IT decision making. Prior, he held senior executive-level positions with market-creating technology and digital media innovators including Raindance and Exodus.
His clients have run the gamut from traditional broadcasters (NBC, Fox, etc.) to massively multiplayer games (Blizzard / World of Warcraft, Riot Games / League of Legends, etc.) to eCommerce (eBay, Nike, Ticketmaster, etc.) to telecom (AT&T, Verizon, Level 3, Vodafone), high tech giants (Microsoft, Intel, Broadcom), publishers (Hearst, McGraw Hill, Scholastic, Scripps) and new online business models (Sony Crackle, Snapchat).
While running RampRate, Tony has supported innovative startups and social impact driven projects, including an artist-focused royalties financial management project with Dave Stewart of the Eurythmics and Universal Music; innovative companies in peer-to-peer delivery; and several major hits in the blockchain arena, such ad Block.one; He is currently an advisor/investor to startups in motion capture / VR/AR (Limitless); innovative networking (Syntropy); blockchain technologies; and several social impact and wellness-related ventures, as well as creating early-stage ventures in IT waste reduction and socially responsible sourcing.
Notes
Seg 1
Tony has worked in the technology industry for 25 years plus originally starting in data centers and IT. And since moved onto consulting with companies and even investing in companies at times.
He will be joining us in the next segment for the rest of the show talk about the technology industry his company ram freight they work with clients, and the goal of all companies to have a purpose in the code for the world.
This is a clip of one of the companies Tony worked with. His name is Tom Fraser of Redivider and they are modernizing a data center, to be smaller, modular, and more efficient.
Seg 2
Tony and Ramprate work with about 40 companies. 10 to 20% are involved in Blockchain. The rest are typically involved in enterprise type services and software or data centers.
The core mission he wants to see from all companies is what type of impact can I have, how do they create value. What do they do to help society.
Whenever Tony works with a new company or founder or start up first off is to build the relationship. He always wants to have a friendly atmosphere with whoever the client has.
You're looking for great intention on the part of the founder and the company. For example company he worked with recently re-divider their mission is energy is impact. Tony liked their mission, the product, the advisory team and how they were gonna build and deliver on their promise.
If a company approaches Tony to raise money it is a flat out no to the proposition. Companies have a problem which is to raise money. If you fix the message in the behavior of the company then you can go and raise money.
Anytime Tony's going to work with a company there is a due diligence period, will do interviews with the top people at the company. Sometimes they invest money in the company or sometimes their services Plearn them equity in the company. A lot of clients are referred through past relationships. Takes weeks to three months to do this background check. Tony calls of the hundred day handshake.
Networking and relationships is Keita any business. Rolodex Tony's Rolodex is very large.
Seg 3
Tony's background originally started in the retail industry specifically eyewear and eventually sold out of it. 1996 he started moving into Internet companies.
Got involved with a data center company which eventually went public an IPO. Then he was doing enterprise sales with very large technology companies.
Next phase was on to consulting, product management and even MNA. A boutique organization now is ramp right no levers. What they do specifically is negotiate IT contracts and then may take a percentage of the savings. They work in all forms of IT.
Circa 2013 one of the focuses they started moving onto it was Blockchain businesses in democracy nation of technology. Tony is a big believer in fair play and a win-win relationship.
Blockchain companies have what's called an icy oh or an initial coin offer, which is similar to an IPO. Blockchain initially was built in bitcoin mines a.k.a. another type of data center.
You always want to look at what is the eco-footprint, or carbon footprint of these companies.
Another company Tony's working with deals with plant medicines and helping communities. Bigger goal is to decentralized the medicine industry.
understand there is a difference between Blockchain bitcoin and decentralization, these are three different things.
Tony is a big believer though in Crypto in peer to peer money. He does not like how big business screws people using a large supply chain.
He would like to see more transparency and likes the objectives of the Blockchain companies the Dow DAO to decentralize
Seg 4
We have a love-hate relationship with large companies like Apple. We love their services and they're great products but we hate their fears and sometimes how they operate.
Question: What is the social impact of all technology companies?
Blind computer programs with a corporation you always have the lowest cost producer, and often there in the most innovative. There is a need for this, but they can also abuse their status.
We need more transparency by companies, transparency with government pricing and fears and what type of return they get.
Example currently would be Netflix with the streaming viewership. Netflix operates on the CPM advertising model. There is real lack of trust because Netflix does not publish their viewership numbers.
Tony is a client of a company called forward medical. Problem is forward medical advertise like they are medical company when in fact they were actually an Internet advertising company. They just sell memberships. It's a unique idea but the service is not great.
Service agreements with tech companies are very long and hard to follow. Need a summary of the rights of the end user. More transparency.
A friend of Tony, Michael Turpin Hanover landmark court case where a Sim card was stolen from his phone. The card was stolen by an employee of his cellular user AT&T. AT&T claimed it was not responsible for what happened even though it's an inside job. Michael won the lawsuit and the case.
Tony doesn't want sound like Ralph Nader but he agrees with some of the past ideas. This month are recurring services with tech companies even though they don't provide service half the time it's not a great deal.
Slack is an example of a very good company that does not bill you if you do not use it.
Seg. 1 – Clips from a previous tech show:
Guest: Tom Frazier - Co-Founder & CEO
Tom Frazier, the co-founder and CEO of Redivider, boasts an impressive 25-year career, driving transformational and disruptive initiatives in future tech, B2B, and public sectors. Committed to prioritizing people, planet, and profits, Tom is devoted to spearheading innovation in the digital economy.
https://www.linkedin.com/in/tomfrazier/
Meet Redivider and Tom Frazier
https://www.redivider.co/products/data-centers
Leading with People, Planet and Profits , Tom Frazier and Eric Appelblom are flipping the traditional enterprise data center on its head with hydrogen powered data centers—reducing carbon foot print and increasing jobs. The companies advisory team is a shows who in environmental and ESG.
Tom has more than 20 years building infrastructure from Verizon to early data center infrastructure. He is also a Pebblebee advisor.
Exclusively focused on the United States, Redivider is a Qualified Opportunity Zone Fund investing in assets related to data center services and specialty computing like Bitcoin, AI, 5G and cloud edge.
About Us
Join Redivider on our mission to uplift humanity and revolutionize the datacenter industry through cutting-edge, sustainable edge computing solutions. We're committed to empowering your organization with unparalleled efficiency, security, and tailored technology, while embracing our core values of stakeholder capitalism, radical innovation, and prioritizing people and the planet. Together, let's shape a brighter, more connected future for all.
Data Center Solutions
Edge computing is the future, enhancing and complementing traditional data centers. To realize this future, innovations beyond conventional methods are necessary. We firmly believe that pre-fabricated modular facilities are the key to unlocking success for several domains.
Notes:
Redivider
Data centers are smaller in module, size of a shipping container versus a standard data center which could be a huge warehouse
Technology will be used to help the growth of the smart city or cloud an edge computing services
Social impact of data centers in the tech industry, being outsourced by corporations to other corporations
The data center industry is enormous. The enterprise part of the business uses very large facilities, thank warehouse size. The data industry started in the 1970s, and by the 1980s it was growing fast.
Currently it is 3 to 5% of the worlds power consumption. 90% of the historical data was created in the past three years. It will be five times that size in the next five years.
Current capacity cannot keep up. The solution by re-divider is to make smaller modular facilities. This would be the size of a shipping container and could be delivered to a site.
You will have the ability to get online and up and running faster.
This also tackles the second issue of data centers which is what is the sustainability and environmental impact over the long term.
Large data centers use 200 to 300 MW power first one Mac a lot for a small re-divider facility. Also it is not tied to the powered grid, which is dated, complex, and hard to fix.
There is a high legacy cost in the current data centers. I'll re-divider would need is on site power. The components are modular so you can increase size if needed. Re-divider builds and a prefab set up.
The traditional data factory would be a two-year construction project with lots of planning. Prefab David data center plus prefab power could be installed in 30 days.
Full Show: HERE
Tech Topic: https://brt-show.libsyn.com/category/Tech
More - BRT Best of Tech:
Best of AZ Tech Council
BRT of Tech 2022
BRT S02 EP52 (99) 12-26-2021 – Tech for the Holidays – BRT
Thanks for Listening
Please Subscribe to the Podcast
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
How to Achieve Financial Security
Control Taxes, Assets, & Income
Wealth for Life - BRT S04 EP32 (195) 8-13-2023
What We Learned This Week
· Financial Security is about control, but how do you gain control?
· People face 3 Risks – Market, Tax, Capital
· Stock Market is volatile, and cannot control if it goes down, lose $ and time waiting for a recovery
· Taxes are one of the biggest expenses during your earning years, and will not go down if you are a high income earner
· Control 3 Things: Taxes, Assets & Income
· Invest in the right kinds of Assets that offer tax write offs and income streams – real estate, businesses
· Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you.
Co-Host: Denver Nowicz, President - Wealth For Life
http://wealthforlife.net/
https://twitter.com/denvernowicz
Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not 'All or Nothing'.
Notes:
Seg 1
Financial security is about control, but how do you gain control?
Market Risk - market goes up and down, when you lose money on a downturn, you have to wait for the market to rebound. You also lose time.
Taxes what most people don't realize about a 401(k) is that 20 to 30% of the account is going to go to taxes.
Taxes are your biggest expense in retirement. Any gains in the 401(k) is taxed at ordinary income rates. Top 10% income earners in the country saving a 401(k) is not going to be in a lower tax bracket. The top 10% of income earners in the US pays 70% of all federal taxes.
Savings Balance - you cannot save as much if you're experiencing market losses plus a high tax rate.
90% of all financial advice is to save money and put it in a 401(k). This advice does not apply as much if you are a top 10% income earner.
You need to have a game plan. It is difficult to predict where the market will go as no one can predict the future. The only thing you can do is prepare better.
Control 3 Things: Taxes, Assets & Income
If investments have a 20% loss every year how much would you focus on that?
This is what is happening with taxes, your money is taking a 20% loss every year. If you want to truly grow wealth you must master the tax code. This is how you can go from the top 10% in income to the top 5% or up.
Seg 2
Control 3 Things for financial security, taxes, assets & income
The goal is to build multiple streams of income. Have assets write offs and other investment options.
Taxes is the biggest expense in your earning years and likely in retirement.
As you earn upwards of $500K a year or even 1 million, taxes will be your biggest impediment. The all in tax rate at $150K a year is 30%. If you start earning a $250K a year it is about 35%, and $500K and current year it is 40% +. Bottom line, if you're in the top 10% taxes are our expense.
You want to own assets to cut taxes – examples: real estate, business, putting money in foundations
Over a five year span, if you save $50,000 a year that's a total of $250K. If you double it goes to $500K. So if you lose $50K a year in taxes at is the equivalent over time of losing $500K or even $1,000,000+ compounded.
Control assets, you can use leverage to scale wealth.
Majority of high income earners in the US own a business. Businesses have many advantages, besides just the income that you can earn there's also tax write offs and other advantages.
Build income streams through insurance strategies, annuity income, bond portfolios, dividend earning stocks, even CDs.
Layer up income streams. Use tax bucket strategy plus income streams.
Build a defensive set up, and over the long term you'll have more money to invest and be offensive taking advantage of opportunities.
Stock market is very popular because it is liquid. Very easy to get in and out of stocks. But it also has risk and can be very volatile.
Investments in businesses and real estate are illiquid, harder to get in and out but can have more long-term advantages and tax advantages.
More Info on WFL and Tax Free Matching: HERE
Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life
Link to Taxes Show on 10/31/2021 w/ Denver: Here
Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here
Link to Shows, Denver was a Guest: Here
Investing Topic: https://brt-show.libsyn.com/category/investing
More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
The New Modular Data Center by Redivider w/ Tom Frazier
BRT S04 EP31 (194) 8-6-2023
What We Learned This Week
· Redivider Data centers are smaller modular size like a shipping container vs a standard data center which could be a huge warehouse
The new data centers are mobile, eco friendly, carbon neutral, plus allow for both scale & cost savings
· Technology will be used to help the growth of the smart city or cloud and edge computing services
· The growing use of AI programs like ChatGPT impacts the water supply as the needed cooling for data centers is massive, and not sustainable long term
· Re-divider: Focus on The Three P's, People, Planet, Profit
Guest: Tom Frazier - Co-Founder & CEO
Tom Frazier, the co-founder and CEO of Redivider, boasts an impressive 25-year career, driving transformational and disruptive initiatives in future tech, B2B, and public sectors. Committed to prioritizing people, planet, and profits, Tom is devoted to spearheading innovation in the digital economy.
https://www.linkedin.com/in/tomfrazier/
Meet Redivider and Tom Frazier
https://www.redivider.co/products/data-centers
Leading with People, Planet and Profits , Tom Frazier and Eric Appelblom are flipping the traditional enterprise data center on its head with hydrogen powered data centers—reducing carbon foot print and increasing jobs. The companies advisory team is a shows who in environmental and ESG.
Tom has more than 20 years building infrastructure from Verizon to early data center infrastructure. He is also a Pebblebee advisor.
Exclusively focused on the United States, Redivider is a Qualified Opportunity Zone Fund investing in assets related to data center services and specialty computing like Bitcoin, AI, 5G and cloud edge.
About Us
Join Redivider on our mission to uplift humanity and revolutionize the datacenter industry through cutting-edge, sustainable edge computing solutions. We're committed to empowering your organization with unparalleled efficiency, security, and tailored technology, while embracing our core values of stakeholder capitalism, radical innovation, and prioritizing people and the planet. Together, let's shape a brighter, more connected future for all.
Data Center Solutions
Edge computing is the future, enhancing and complementing traditional data centers. To realize this future, innovations beyond conventional methods are necessary. We firmly believe that pre-fabricated modular facilities are the key to unlocking success for several domains.
Notes:
Redivider Data Centers are smaller in module, size of a shipping container versus a standard data center which could be a huge warehouse
Technology will be used to help the growth of the smart city or cloud an edge computing services
The growing use of AI programs like ChatGPT impacts the water supply as the needed cooling for data centers is massive, 5 mil gallons of water are used per day, and 40% of that water is lost due to evaporation
Social impact of data centers in the tech industry, being outsourced by corporations to other corporations
Seg 1
The data center industry is enormous. The enterprise part of the business uses very large facilities, thank warehouse size. The data industry started in the 1970s, and by the 1980s it was growing fast.
Currently it is 3 to 5% of the worlds power consumption. 90% of the historical data was created in the past three years. It will be five times that size in the next five years.
Current capacity cannot keep up. The solution by re-divider is to make smaller modular facilities. This would be the size of a shipping container and could be delivered to a site.
You will have the ability to get online and up and running faster.
This also tackles the second issue of data centers which is what is the sustainability and environmental impact over the long term.
Large data centers use 200 to 300 MW power first one Mac a lot for a small re-divider facility. Also it is not tied to the powered grid, which is dated, complex, and hard to fix.
There is a high legacy cost in the current data centers. I'll re-divider would need is on site power. The components are modular so you can increase size if needed. Re-divider builds and a prefab set up.
The traditional data factory would be a two-year construction project with lots of planning. Prefab David data center plus prefab power could be installed in 30 days.
Facilities are pushed strategically around the country. This is to enhance speed and performance. You need your computing power closer. Examples would be edge programs for the cloud.
Re-divider would allow your data center to be right on site.
Seg 2
Tom's bio, he worked in university in mid 90s. Then he worked in security to find vulnerabilities in data centers.
Redivider allows more work from home and the need for data flexibility. Since the pandemic and people working from home there has been a volume of data shift it's not just during the day anymore, it's when needed. Data management is the next layer of the Internet.
There is huge global demand and need new solutions to satisfy this demand. Problem, power for the current data center comes from the grid with maybe 1 to 2% renewable energy.
Corporations will need to do two things going forward. Number one, high transparency and carbon use in accounting. Number two cleaner tech from the start, natural gas hydrogen or batteries.
UPS or uninterrupted power is what most companies need. There is a need to adjust strategies and control your ecosystem better.
Regarding current eco-friendly power sources, solar panels are not practical as you would need too many. Wind is OK but you must be near a wind power source. Another possibility is hydrogen.
2016 yard 286 MW being used. By 2030 it will be one terawatt.
Can the grid operators keep up?
Seg 3
Re-divider is trying to solve the problem for the enterprise customer. You have companies now that need so much data, hyper scholars.
need more cloud data centers. Social media and big companies like Facebook or
TikTok have huge demand and still growing.
Re-divider was started in 2021 with a focus on people in the environment. What are the needs of humanity and the corporate directives.
Tom's partner Eric, had a history of working in the supply chain. Re-divider works with contractors to build the modular data centers.
They also work with a partnership with NZ around who create software platform for carbon accounting.
Enterprise IT currently has a very large carbon footprint. It is actually two times the size versa data center. How to think about sustainability and accountability of corporate data use.
The goal with re-divider is to be cost neutral on carbon with added benefit of strategic alignment. Re-divider gives more data capacity and also keeps projects and skills moving.
Corporations in the future will align incentives and costs. There are many companies investing in AI and will need more data and computing capacity going forward.
Also you see an IOT or Internet of things more and more sensors and small chips in products. Manufacturing multiple tech products and adding tech sensors into things like radios, TVs, cars.
Smart cities use sensors all around the city to collect data. There's always governance and legal concerns. The idea of smart cities is to map out the city better, traffic flow, to then grow the city appropriately.
Seg 4
Opportunity of re-divider to help with the sustainability of technology companies. Current data centers are allowed and physically placed outside cities and away from people.
There is high noise pollution with the data center as well as the previous cooling and carbon issues discussed.
Re-divide our uses immersion cooling inside their data centers. Put the technology in fluid that conducts heat better, move called air in the computer and hot air at out. In a traditional data center you need huge air conditioners to call the hot air and move the air.
Redivide early could use data centers with other buildings and literally build underground. You could have prime on site data computing with low to no emissions.
There are no fans in a re-divider unit. The die electric fluid used where a rack of computer equipment is literally put in the fluid.
This gives a chance for more economic growth, especially if you build these data centers in opportunity zones. Many opportunity zones are having issues, the so-called food desert where there are no supermarkets there.
Potential to help the environment as well as the neighborhood. Re-dividers data centers could be installed in any environment, have high portability in last nights pollution.
Microsoft I actually pioneered the field of dielectric fluid by testing a capsule in the ocean. High cost initially but now the cost of come down substantially.
Another use of bitcoin mining. Currently consumes a lot of power but the articles are a bit misleading on bitcoin.
Bitcoin mining is actually a fraction of the data center power. As the expression goes it's just the canary in the coal mine. Future of crypto mining could change with redivide our data centers.
Re-divider, focus on people in the planet. The Three P's, people planet profit.
Tech Topic: https://brt-show.libsyn.com/category/Tech
More - BRT Best of Tech:
Best of AZ Tech Council
BRT of Tech 2022
BRT S02 EP52 (99) 12-26-2021 – Tech for the Holidays – BRT
Thanks for Listening
Please Subscribe to the Podcast
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
Shark Tank, Super Bowl Ads, Management Lessons, & Earned Media
BRT Best of Business Part 3
BRT S04 EP30 (193) 7-30-2023
Clips from BRT shows on business concepts from the past year (2022 – 2023)
What We Learned This Week:
Notes:
Seg. 1
Management Accelerator w/ Dave Kline
- BRT S03 EP44 (143) 9-11-2022
What We Learned This Week
Guest: Dave Kline
https://www.linkedin.com/in/davidkline/
https://maven.com/dave-kline/new-manager-accelerator
Bio: (x-Bridgewater Associates, x-Moody's Analytics, x-PwC Consulting) has run large, global strategic and operational teams for the last 2 decades. He has a BSEE from Bucknell University and an MBA from NYU's Stern School. Find him on Twitter @dklineii or LinkedIn, writing about management tactics, leadership lessons, and the evolution of online learning.
Your Codified Management PlaybookConvert your intuition to intention and develop your system to lead high-performing teams.
Develop the CODE of your management system: coach, operate, delegate, & engage.
Leave with a decision making system tailored to your individual management style.
How A Manager Creates Value
We start with a foundation of what makes managers unique: mindsets to master, abilities to develop, skills to hone.
Recruit High Performance TeamsWe examine optimal role designs for different functions and tactics required to attract and retain the best talent.
Full Show: HERE
Seg. 2
Earned Media – Building Your Brand w/ Barrett O'Neill
- BRT S03 EP48 (147) 9-25-2022
What We Learned This Week
Guest: Barrett O'Neill
https://twitter.com/barrettjoneill
https://www.linkedin.com/in/barrettoneill/
Barrett O'Neill has built an audience of 100K+ across platforms talking about business growth tactics, online presence and entrepreneurship. He has 2 business, 1 online, & 1 offline.
Brightline Social - Improve authority to make more money from your digital presence including websites and personal brand. https://www.brightlinesocial.com/
OnDemand Storage - New England's most convenient commercial warehousing and logistics provider. https://www.ondemandstorage.com/
Full Show: HERE
Seg. 3
How to Get a Deal on Shark Tank w/ Tony Gonzales of Slick Barrier
BRT S04 EP13 (175) 3-26-2023
What We Learned This Week
Guest: Tony Gonzales – Slick Barrier – Attorney – Shark Tank
https://www.linkedin.com/in/tonygonzalesesq/
https://www.slickbarrier.com/
As Seen On Shark Tank Now available at Bug and Weed Mart Retail Locations! Pro Install Available in Arizona and Nevada! Click Here
LinkedIn: Click Here
YouTube channel: Click Here
Shark Tank / Lori Greiner / Slick Barrier article: Click Here
Shark Tank appearance video: Click Here
Bio Article: Click Here
Full Show: HERE
Seg. 4
Primetime on the Big Game, Making of Super Bowl Ads w/ Rich Singer
- BRT S04 EP04 (166) 1-22-2023
What We Learned This Week
Guest: Rich Singer
https://www.linkedin.com/in/richsinger/
Award-winning Creative Director/Copywriter with over a decade of experience. Brands include Nike, The NFL, ESPN, E*TRADE, Yahoo and GE. Portfolio: zackandrich.com
Full Show: HERE
BRT Sales / Marketing: HERE
BRT Business: HERE
Investing Topic: https://brt-show.libsyn.com/category/investing
More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
Market Cycles, Risk, & Ben Graham's Intelligent Investor
- Finance Lessons from BRT
BRT S04 EP29 (192) 7-23-2023
What We Learned This Week:
· Mean Reversion & Market Cycles – Asset prices do not go up forever, but rather fluctuate
Notes:
Seg. 1
MB on Mean Reversion & Market Cycles
Mean Reversion –
Mean Reversion, or reversion (or regression) to the mean, is a theory used in finance that suggests that asset price volatility, and historical returns eventually will revert to the long-run mean or average level of the entire dataset.
Prices do not go up forever, they tend to level out over the long term. This is why so many investors monitor the 52 week High / Low average of a stock, and how it is trailing. Many stocks will go up 5, or 10 – 20% in a year, and then go back down – whether because they are cyclical, a 'hot buy', scandal with the Co., or market circumstances, etc.
Market Cycles, also known as stock market cycles, is a wide term referring to trends or patterns that emerge during different markets or business environments. During a cycle, some securities or asset classes outperform others because their business models aligned with conditions for growth. Market cycles are the period between the two latest highs or lows of a common benchmark, such as the S&P 500, highlighting a fund's performance through both an up and a down market.
Market Cycles, are common as economic phases rise, then fall. Think of this like a like a Pendulum, and pay attention to how they are moving currently. A great example is a Recession, where the market is down for 6 to 10 months, and stocks are all falling. As the economy comes out of the Recession, there are many opportunities for buys of the stocks of good companies that were down from the Recession, but now are rebounding.
Mean Reversion – companies or stocks go down over time, because completion comes after the main players in a an industry and chip away
Seg. 2
Replay Clip with Drew Niv on Risk
Guest: Drew Niv, Trader Tools & former Forex Trader
LKIN: https://www.linkedin.com/in/drew-niv-123812160/
Drew Niv had a 20 year career in trading and FX (currency) markets. He founded one of the largest Forex trading companies on Wall Street, took it public (IPO), managed hundreds of staff, and oversaw $ billions in daily trading.
Currently he runs a bank software company called Trader Tools, that specializes in FX markets. - https://www.tradertools.com/
Drew Niv is a Strategic, Technology Savvy, and Detail-Oriented Board Member and Global Business Executive with a history of award-winning performance as a visionary leader. Founded company that disrupted the FX industry, resulted in retail FX becoming a major factor of the global FX market.
Developed breakthrough technology that enabled customers to transact spot FX at 70–90% less cost than the largest exchanges and ECNs. He has forged strategic partnerships with 1,000 institutional customers, including major hedge funds, all large banks, and other brand name financial institutions, both domestically and globally.
Market is very sensitive to interest rates. The Fed establishes interest rates. Interest Rates set the tone for the entire financial industry, from business lending, to stocks, bonds, banking, insurance, investments, mortgages, etc.
Market Fundamentals are always valid, and post 0% rates, and current high inflation, become even more valid.
Pension plans and insurance company's returns will be affected by interest rates. They are looking at minimum rates of 4 to 5%. Interest rates have been low, near 0% for a number of years.
It is tough to get Treasury bills when only at 1%. Companies were forced to chase return and take on more risk by acquiring corporate bonds and stocks. Investor mentality was not challenged at times for the last few years.
Hard to know what a good investment is at 0% interest rates. Money was cheap, so people were investing in numerous things, borrowing $, and taking chances.
We saw the rise of the Pandemic stocks in 2020 with companies like Carvana, Peloton, and different crypto assets. These all turned out to be bubbles, and wound up flopping in 2022. The crypto market has seen 90% shrinkage. Some companies go bankrupt, while others are acquired at $.10 on the dollar.
Investment philosophy 101 - you compare all investments that have risk to a risk-free investment. Treasury Bills are considered risk-free investments where with very little risk, you can get 3 to 5%.
If you are going to buy a stock by comparison, and take on more risk, you have to be paid for taking on that risk. A stock could have 10 to 20% downside risk, vs a T Bill which has almost no downside risk, the government is a good bet. The two-year treasury bill is at 4% annually.
Professional investors always look at the risk/reward ratio. Whenever you look at an investment, you have to consider the duration, the type of asset, and what you want to benchmark it against.
Example: you invest in Apple, are they a credit risk? What is the ROI? The return on an investment should be better than treasury bills, accounting for the potential downside risk of 10% (or more).
Inflation causes the economy to weaken. Housing prices decline like other assets. In 2023, inflation should go down. This assumes the Government doesn't spend too much money, in which case inflation stays the same.
The Fed is raising rates to bring asset values down. In the current environment, 2023, savers will be rewarded. This is similar to from the 1980s to the 1990s where you could actually earn interest on saving money.
With low interest rates from 2005 to 2020, savers were punished. 2023 will be the return of the saver. Cash will be king. Valuations are collapsing, see tech stocks, crypto, and maybe housing?
Psychology of the Investor – The investor currently still remembers the highs of the last few years. As they sell off and get out of the market (expecting a recession), their viewpoint slowly changes. Typically recessions last 2 years, and this is considered short. But it takes years for investors to regain confidence and jump back into the market.
Historically market timing is tricky. In the current environment you want to reduce exposure to assets. Go to the Federal Reserve website to look at the history of housing prices. The last decade has seen an unprecedented climb in the price of housing assets - https://www.stlouisfed.org/
Mean Reversion is setting in, this happens with assets. What goes up, must come down. A retracement in valuations of assets. When you look at housing and regional markets some values are even higher, ie: the Sun Belt like Florida or the southwest.
Things that are illiquid assets, lower to the reset value, it's different than last time. Illiquid is the state of a security or other asset that cannot quickly and easily be sold or exchanged for cash without a substantial loss in value.
Non-bank lenders will be hurt. Examples of this might be an insurance company, mortgage co., venture capital or private equity.
Full Show: HERE
Seg. 3
Replay Clip of Denver Nowicz talking Assets and why Own a Business
Co-Host: Denver Nowicz, President - Wealth For Life
https://wealthforlife.net/brt/
https://twitter.com/denvernowicz
Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not 'All or Nothing'.
Businesses are usually the largest asset class of the wealthy. Options are starting your own business, buying a turnkey type business, like a franchise, or buying an established business thru acquisition.
Businesses might be physical like a traditional brick and mortar store or a digital businesses which are online businesses.
When you're earning a high W-2 income you are punished by the tax code. If you want to make more money and grow your business you improve the systems and then invest in different types of assets.
Digital businesses are very good because they have low overhead, low expenses. Examples would be an educational course, consulting or a mastermind group.
Once you start earning over $500K to $1 mil+ , you need to be thinking very carefully about tax strategies. You want to figure out ways to redirect capital from the IRS to better assets that assist you.
Examples could be charities, or real estate. Active tax strategies, find good accountants and asset protection attorneys who can create a proactive strategy.
If you own a business that can make an extra $50,000 a year in income, that is the equivalent of owning a $1 million stock portfolio giving off 5% a year in dividends or owning a $1 million property giving 5% in rental income.
To have a good tax protection do you want to get away from W-2 income, create businesses with write offs with LLCs and expenses, and also mix in real estate.
Full Show: HERE
More - Assets Show: HERE
Wealth for Life Topic: HERE
Seg. 4
MB on Ben Graham's teaching and seminal investing book, The Intelligent Investor (c 1949), & review of the 2 main chapters - Ch. 8 on Mr. Market, and Ch. 20 on Margin of Safety
Ben Graham was an economist, professor, and investor. He is also known as the Father of Value Investing, and the author of Security Analysis, and The Intelligent Investor. He stressed fundamental analysis of securities (stocks), investor mindset, focused investing, and 'buy and hold'. He was Warren Buffet's professor, one time boss, friend and mentor. More: Here
Buffet – Rule #1 Never Lose Money, Rule #2 Remember Rule #1
Ch. 8 - The Investor and Market Fluctuations / aka – Mr. Market Parable
Ch. 20 - Margin of Safety as the Central Concept of Investment
Stocks are a piece of ownership of a company, not just some piece of paper. You have to be able to value the company to determine if the market is selling you the stock at a discount, or if it is over-valued. A good investment is based on the price you pay for it. A good stock can be over-priced, and a bad stock can be a good buy if the price is depressed enough. You make money when you buy (what you pay).
Mr. Market is very emotional, and changes his mind daily. Sometimes he makes you an offer on a stock that is silly, and other times he offers a stock at a deep value, at a low price. This is when you should buy. It is all about psychology, discipline and patience.
Margin of Safety is the idea to buy stocks with a defensive mindset. Buy it cheaper than the value, so if your valuation was off, you give yourself room for error. You have to do detailed fundamental analysis to determine if a stock is over or under valued. Then you hold until the stock, ride out the fluctuations until it rises to its true value.
Full Show: HERE
Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement
More 'Best of Investing': Here
'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
TV Tales of The Unbreakable Jay Glazer to Creating Competition Shows from American Ninja Warrior to Hell's Kitchen w/ Arthur Smith
BRT S04 EP28 (191) 7-16-2023
What We Learned This Week:
· Jay Glazer's Unbreakable mindset gets him thru 'the gray' of his daily life, working on his mental health
· Arthur Smith's describes Reach as striving for our full potential to create amazing things
· Creation of TV Classics like American Ninja Warrior & Hell's Kitchen
Guests:
Jay Glazer is a TV personality and National Football League (NFL) insider for FOX Sports' award-winning NFL pregame studio show, FOX NFL Sunday. The entire cast, including Glazer, became the first sports show inducted into the Television Hall Of Fame in 2019. He was one of the first ever minute by minute breaking online news reporters in the NFL, first for CBSSportsline.com in 1999, followed by FoxSports.com.
In 2007, Glazer created the first mixed martial arts training program for pro athletes in America and has trained over 1,000 pro athletes. In 2014, he co-founded the Unbreakable Performance Center, a private training facility frequented by Wiz Khalifa, Chris Pratt, and Demi Lovato, as well as numerous NFL, NHL and MMA athletes. Glazer starred as himself in all five seasons of HBO's Ballers. In 2015, Glazer and former U.S. Army Green Beret Nate Boyer founded the charitable organization MVP (Merging Vets and Players) to assist combat veterans and former professional athletes, who often faced a tough road adjusting to civilian life.
https://www.unbreakableperformance.com/
Arthur Smith, the chairman of A. Smith & Co. Productions, is a pioneering veteran of nonfiction television, known for creating and producing some of the longest running unscripted series in history, including Hell's Kitchen and American Ninja Warrior. Smith was honored as one of Variety's "Titans of Unscripted TV" in 2022, inducted into the Realscreen Awards Hall of Fame in 2021, awarded Broadcasting and Cable's "Producer of the Year" in 2020, Nominated for several Emmy Awards, and received dozens of awards, including NAACP Awards, Realscreen Awards, and Critics Choice Awards. Smith embarked on his career in television as a twenty-two-year-old wunderkind, talking his way into sports production at CBC in his native Canada.
He quickly distinguished himself as a rising star at the network, where he produced three Olympic Games among countless other high-profile events. At the age of twenty-eight, Smith was named the youngest ever head of CBC Sports. His successful run at the network ended when American broadcasting icon Dick Clark lured him to Hollywood to develop and produce a wide variety of entertainment programming. Then as the head of programming and production at FOX Sports Net, Smith played an instrumental role in the launch and growth of this massive entity, before the biggest reach of his life—the creation of his eponymous production company that has thrived for more than twenty years. He lives in Los Angeles.
In REACH: Hard Lessons and Learned Truths from a Lifetime in Television (Blackstone Publishing, June 6, 2023), Smith shares adventures, triumphs, and hard-won lessons from his astonishing career, beginning with his unprecedented ascension from the ranks of sports production to become the youngest ever head of CBC Sports. Never one to rest on his laurels, Smith then moved from Canada to the United States to produce a wide variety of entertainment programming with his mentor, television icon Dick Clark.
Years later, he spearheaded an entirely new approach to sports television at FOX Sports Net, helping to grow the fledgling business into a true industry powerhouse. In 2000, Smith made the biggest reach of his career with the launch of A. Smith & Co. Productions which has produced over 200 television shows on more than fifty networks. Across genres, formats, and platforms, Smith and his A. Smith & Co. team have earned reputation for original, emotional, buzz-worthy, and deeply personal storytelling.
In these pages, Smith takes us behind the scenes of dozens of pivotal moments in sports and television history, ranging from the high intensity control room at the Olympics to the development of The Titan Games with Dwayne ("The Rock") Johnson. We learn about a show that never was with Donald Trump, as well as a super-far-fetched idea that became the bizarro-classic genre-buster I Survived a Japanese Game Show. Through winning anecdotes involving a disparate cast of famous characters, including Marlon Brando, Gordon Ramsay, Magic Johnson, Little Richard, Wayne Gretzky, Simon Cowell, and Microsoft cofounder Paul Allen, Smith illustrates just how far you can go when you work hard, take risks, and reach for your dreams.
https://www.asmithco.com/
https://www.linkedin.com/in/arthur-smith-91ba76b/
Seg 1
Interview w/ Jay Glazer about his new book, Unbreakable:
In Unbreakable, Jay Glazer talks directly to you, his teammates, and shares his truth. All of his success from his screeching-and-swerving joy ride through professional football, the media, the fighting world, Hollywood, the military-warrior community, comes with a side of relentless depression and anxiety. Living in the gray, as Jay calls it, is just a constant for him. And, in order to work through the gray and succeed, Jay has to maintain an Unbreakable Mindset. With this book, you can:
· Be of Service-help others and help yourself in the process
· Build Your Team-give support, get support
· Never Underestimate the Power of Laughter-never take yourself too seriously
· Be Proud of Your Scars-our trauma makes us who we are
Throughout Unbreakable, Jay will use his stories-featuring some of the biggest, baddest, and most fascinating characters in the public eye today-to show how he walks this walk, has learned that while the gray is very real, it doesn't have to define him. And it doesn't have to define you either.
Jay takes readers on a behind-the-scenes journey, sharing never-before-heard stories about his own mental health that feature some of the most fascinating characters in the public eye today. The book offers honest, outspoken advice and insights gleaned from Jay's own fight against the dark forces of depression and anxiety, his decades-long journey to the top of sports-journalism and his traumatic survival of a near-death experience.
From an unlikely friendship with Michael Strahan that opened the door to his big break inside the NFL sports reporting, to helping veterans fight for their lives in the gym and even playing himself on the hit HBO show Ballers, Jay has seen it all. His experiences acting as coach to musicians like Wiz Khalifa and Demi Lovato to award-winning athletes and some of the most powerful people in business have given him the ability to laugh at himself while keeping up the fight against his own mental health struggles.
Seg 2
Interview w/ Arthur Smith about his new book, Reach:
Arthur has been working in TV production for 30 years. He has produced sports and competition and game shows for major networks as well as worked at Fox Sports one. Famous shows he's created or American ninja warrior and Hells kitchen. He's also worked on the Olympics multiple times.
Arthur's approaches simple you need to understand your audience. Do you wanna have in motion and whatever store you were telling to bring people in and make them feel some thing. Try to create storylines that appeal to everybody to gain a wide audience.
American Ninja Warrior was a show of achievement, celebrating the contestants. It was a simple concept that makes you feel good.
Arthur's worked on multiple Olympic Games. Worked on the 1988 Olympics which was very tough because the winter Olympics were in Calgary that year and the Summer Olympics were in sold. Olympics are very complex production with wide coverage. You have to find stories within the greater competition.
The story of 1988 was the race of the Century with Ben Johnson versus Carl Lewis to determine who the fastest man in the world was. Ben Johnson won the gold and set a new speed record. Then later there was a scandal that Ben had cheated and he lost his medal.
Arthur worked on a TV show with Jay Glazer called pros first Joe's. Where ex NFL players competed against average people.
These competition and reality shows are the scripting of unscripted. Reality shows that are docudrama Or more scripted. What Arthur tries to do is more unscripted to get real stories. Takes an outline of their life type approach with you over shoot your footage and then find the stories.
Seg 3
2004 who created Hells kitchen which is totally pioneer that type of competition food show. Prior to that there had not been a successful Netwerk food show, it did not exist.
Hells kitchen brought celebrity chef Gordon Ramsay to major fame. Need a title and a star to build a new concept of a shell for fox.
It was going to be a food show competition which chefs going through boot camps and then the competition. It was very authentic with 80 cameras in a studio built restaurant.
In 2000 survivor was a big hit which created many copycat reality competition shows. This is the skeleton model for many shows.
When they created Hells kitchen in 2004, the belief was that reality shows it becomes saturated and it would not work. They started on Monday night on a holiday weekend, the show took off and has been on for 22 seasons.
Author Smith's book reach, it's symbolic because when you reach to find out what you're capable of. He has numerous stories of his adventures with celebrities through the years and creating TV shows.
There's stories in the book about Gordon Ramsay, Dick Clark, the rock, numerous sports stars, and Rupert Murdoch of Fox fame. Arthur is giving the book proceeds to six different charities. It's called from here on out is to help young people create a career
Seg 4
Arthur was working at the Fox sports Netwerk in the 1990s. Arthur was living in LA he had moved to sports from traditional TV. Then Fox Sports in the NFL deal was struck in the early 1990s. Rupert Murdoch knew how to build an asset in Netwerk. He needed the NFL to build Netwerk, he needed the asset.
He overbid for the NFL got NFC football from CBS. Then he use the NFL to build the entire fox net work. Murdoch Murdoch had foresight. He understood that there's 500 channels and cable, and the TV is fragmented landscape. But with football you could still build ratings.
Originally Fox only broadcast a few nights a week and was not on in multiple markets. But once they got the NFL they built out to a seven day a week Netwerk on all around the country.
Live sports is still must see TV. Sunday night football is the highest rated weekly TV show.
Rupert Murdoch Fox took big swings, big risks that can foul or yeah hit it bag. Rupert Murdoch also owns sky Netwerk in Australia. Just like the NFL he cut a deal with the Premier league soccer in England to air their sport.
Arthur has a show template for competition shows that has worked multiple times. Show production process is very complex.
Another show Arthur create it was a family game show called the floor is lava. Show is similar to the old nickelodeon kids competition shows.
Arthur asked himself before creating a show how are you going to challenge people? What is the purpose of the show?
American ninja first started it was on g4 TV. This was a gaming channel that doesn't even exist anymore. Eventually they moved up to NBC and started airing in prime time. It was a prime time obstacle course show. The athletes root for each other and usually there is no winner. It's all about men and women competing on the same course.
Ninja warrior is based on Japanese show called the attempt. American ninja Warrior has grown beyond the show to merchandise, you see ninja birthday parties, ninja gyms.
If you enjoyed this show, you may like:
BRT Sports: HERE
BRT Hollywood: HERE
BRT Marketing: HERE
BRT Business: HERE
More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
Running a Non-Profit Charity The Piper Trust w/ Steve Zabilski
- BRT S04 EP27 (190) 7-9-2023
What We Learned This Week:
Guest: Stephen J. Zabilski, President & CEO
https://pipertrust.org/about-us/officers-and-staff/
As President and CEO, Steve Zabilski leads Virginia G. Piper Charitable Trust's mission to enrich health, well-being, and opportunity for the people of Maricopa County. Steve joins Piper Trust as its fourth CEO after providing more than 17 years of dedicated service as a Trustee and member of the organization's Investment and Audit Committees. For the past 25 years, Steve served as CEO of the Society of St. Vincent de Paul—Phoenix Diocesan Council. His decades of private sector experience, coupled with his talent to lead with compassion and humility, continue to make an indelible mark on this community. Steve's ability to bring people together and catalyze the strengths of thousands of Vincentians, volunteers, employees, and donors significantly advanced the mission and services of St. Vincent de Paul.
During Steve's tenure, St. Vincent de Paul's health clinic space doubled, enabling treatment for many more people; dining rooms served meals 365 days a year; three urban farms were installed that provide scores of food-insecure people with fresh produce daily; and, a transitional shelter and resource center was established. Further, the St. Vincent de Paul community created an inspiring environment where people find purpose and joy through myriad volunteer opportunities. St. Vincent de Paul received a President George H.W. Bush Points of Light Award in 2001 for having one of the most family-friendly volunteer programs in the country. Prior positions include senior vice president with Transamerica Insurance Group and audit manager for the accounting firm KPMG (formerly Peat Marwick). Steve is a member of the board of trustees of St. Vincent de Paul and Great Hearts Arizona. He is a past member of the American Institute of Certified Public Accountants and the FBI Citizen's Academy and has served as president of the board of trustees of Ville de Marie Academy among several school and parish advisory councils. Steve was honored by Grand Canyon University's Colangelo College of Business with a Colangelo Servant Leadership Award in January 2023.
History of Piper Trust Philanthropy and Vision
The wife of Motorola founder Paul V. Galvin, Virginia Galvin Piper sought to follow her husband's philanthropic example by establishing a charitable legacy of her own. "For me," she wrote, "managing the stewardship of charitable giving is a moment-to-moment dignified responsibility of a truly high calling in human affairs and human relations."
· For the last three decades of her life Mrs. Piper lived in Paradise Valley, Arizona, where she moved from Chicago with her second husband, Kenneth M. Piper. During that time she worked quietly and steadily at strengthening Phoenix-area nonprofits.
· Mrs. Piper established the Trust in 1995 and appointed four lifetime trustees to oversee the work of the foundation. Shortly after Mrs. Piper's death in 1999 the trustees began the formal work of the Trust.
· Upon settlement of Mrs. Piper's estate in 2000 the Trust received approximately $600 million. This sum made the Trust one of the nation's 100 largest foundations.
Devotedly, Virginia: The Life of Virginia Galvin Piper
compiles over 100 interviews with people who knew Mrs. Piper.
Grantmaking
· In December 2000 a select group of organizations, which Mrs. Piper had supported over the years, received from the trustees eight Cornerstone Grants. These grants totaled $41 million.
· February 2002 saw trustees award the first round of competitive grants, which totaled $11.5 million, to 68 organizations.
· Each year nonprofits serving the people of Maricopa County receive an average of $25 million from Piper Trust. Since the Trust began awarding grants in 2000, it has invested more than $684 million in local nonprofits and programs as of as of July 2022.
Notes:
Seg. 1
History of the Trust
Steve Zabilski bio and past work at St. Vincent
Was on the board at Piper Trust, now on the board at St. Vincent
Investment portfolio of $400 mil, fiduciary responsibility to grow funds
Per non-profit rules, IRS Code 5013C, must give away 5% of the fund per year, or $20 mil + other expenses of Trust
Prudent investments of stocks, bonds, private equity, venture capital, hedge funds, some alternative investments
Some funds, investment is illiquid, cannot get funds easily
Work with 1 financial group who oversees the fund
Seg. 2
In 2020, Covid hit organizations hard, and difficult to get donations
Higher education grants, ex. – Creighton University, built med school in Phoenix
Only donate to business in Maricopa County
Health and medical research – ASU, TGen
Senior needs and older adults – food assistance, St. Vincent homeless shelter
Boys & Girls Club, Boys Hope & Girls Hope, High School orgs
Board Meeting every month, lasts 3 hours and is very involved
Financial statement review, investment portfolio update
Program Updates – who to fund, how much, is it a multi-year grant
Chronicle of Philanthropy news
Audit Committee- internal controls, Mgmt letters
Finance Committee
Breakfast meeting monthly
Seg. 3
Special Day in Sep. 2021 – donated $123 mil, average donation in a year, 5% or $20 mil
From April 2020 to June 2021, fund had grown $123 mil, made decision to give away 100% of funds, Sep. 2021 met with 71 charities, had long term donations and make the $123m donation, unrestricted funds, charities could use the $ for whatever they needed
Restricted Funds – when a donation is for a specific purpose or project, building a center, etc.
Grant Cycle – App process, FAQ on website
https://pipertrust.org/grant-process/faq/
Q: What does Piper Trust fund?
A: Piper Trust makes grants to projects that intervene in the following areas:
· Arts and Culture
· Children
· Education
· Healthcare and Medical Research
· Older Adults
· Religious Organizations
Piper Trust's particular interest lies with projects that benefit young children, adolescents and older adults in Maricopa County. The Trust makes grants to faith-based organizations that serve these target populations in a manner consistent with program guidelines.
Q: What types of organizations does Piper Trust fund?
A: Piper Trust makes grants to actively operating Section 501(c)(3) organizations in Maricopa County. These organizations must have been in operation for at least three years from the effective date of their IRS ruling. Special rules apply to private foundations and 509(a)(3)(Type III) organizations.
Letter of Inquiry, then Submit application for review:
Q's and decision process, must meet guidelines, longer process for new request, due diligence, how org runs, check paperwork, financials, tax returns, confirm status of 5013C, internal reviews, need budgets and plan for money take 2 months
Piper Trust has ongoing relationships with charities, where grant process can be quicker, usually donates to same org every other year
Multiyear Grant – could be ongoing donation
Seg. 4 – Charity Show Flashback
BRT Holiday Show – We Give Thanks & Give Back
- BRT S02 EP 46 (93) 11-14-21
Guest: Steve Zabilski, Executive Director of St Vincent DePaulhttps://www.stvincentdepaul.net/about/our-board Homeless Population in Phx Struggling and How to Help Help to Feed, Clothe, House, Heal those who need it most
Things We Learned This Week:
· St Vincent DePaul helps feed and clothe the homeless population
· St Vincent also provides financial assistance to families in need, and has clinics on site
· MAM is helping the average military family get by
· Hope & A Future helps foster kids find a brighter future
· A for Arizona is working with teachers who are improving education
Steve Zabilski has served as the Society of St. Vincent de Paul's Executive Director since 1997. Prior positions include senior vice president with Transamerica Insurance Group and audit manager for the accounting firm KPMG LLC.
Steve Zabilski embodies the philosophy of serving those in need. And appropriately, he is well-situated to live out those precepts of charity as CEO of the Society of St. Vincent de Paul (SVDP) Phoenix, where he oversees the day-to-day operation of the organization's 250 employees and thousands of volunteers throughout Arizona.
The Society of St. Vincent de Paul is dedicated to feeding, clothing, housing and healing individuals and families in our community who have nowhere else to turn for help. As important, SVdP provides meaningful opportunities for volunteers to serve their neighbors in need with love and compassion.
Phoenix Dream Center – from 7/18/2021, Seg. 2
Guest: Michelle Tipton, Public Relations/ Volunteer Coordinator, Phoenix Dream Center
https://phoenixdreamcenter.org/
https://phoenixdreamcenter.org/story/
https://phoenixdreamcenter.org/kfnx/ - to help & donate, tax deductible
The problem of Human Traffic is a bigger issue than most people realize.
Emily Anne Gullickson, CEO of A for Arizona - www.aforarizona.org
As employers, innovators, and investors in the future, we remain committed to ensuring business leaders stay engaged as education champions. We aim to continue to educate and build wider support from the business community on the ambitious, aggressive, and comprehensive education reform possibilities designed from the needs and best practices of Arizona's exceptional educators
Full Show: HERE
For More Info and Community Shows or to Help:
https://brt-show.libsyn.com/category/Community
'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
Best of Biotech from AZ Bio & Life Sciences to Jellatech
- BRT S04 EP26 (189) 7-2-2023
What We Learned This Week:
Seg. 1 – Clips from:
AZ Bio & Life Sciences Innovation w/ Joan Koerber-Walker
- BRT S04 EP10 (172) 3-5-2023
Guest: Joan Koerber-Walker President and CEO, AZBio - Arizona Bioindustry Association, Inc.
Chairman, Opportunity Through Entrepreneurship Foundation
LKIN: https://www.linkedin.com/in/joankoerberwalker
www.azbio.org
Bio:
As President and CEO of AZBio, Joan Koerber-Walker works on behalf of the Arizona Bioscience and Medical Technology Industry to support the growth of the industry, its members and our community on the local and national level. Ms. Koerber-Walker is also a life science investor and has served on the boards of numerous for-profit and non-profit organizations.
In the life science industry, Ms. Koerber-Walker serves as as Arizona's representative to the State Medical Technology Alliance (SMTA), a consortium of state and regional trade associations representing their local medical technology companies which she chaired in 2015 and represents Arizona as a member of the Council of State Bioscience Associations (CSBA) and the Coalition of State Bioscience Institutes (CSBI).
Active in the entrepreneurial and investment communities, she also serves as Chairman of the Board of the Opportunity Through Entrepreneurship Foundation which provides entrepreneurial education, mentoring and support to at-risk members of the community, on the Board of Advisors to CellTrust, Inc. which provides secure communication technology to the healthcare industry, and as Chairman of CorePurpose, Inc. which she founded in 2002.
Ms. Koerber-Walker has been recognized as Executive of the Year by the Arizona Society of Association Executives, as a "Most Admired Leader" by the Phoenix Business Journal (2015), in the pages of AZ Business Leaders (2013 thru 2020), Most Influential Women in Arizona Business (2014) and is a 2 time National Finalist for the Stevie Award which recognizes the work of women in business.
Her past experience includes two years as the CEO of ASBA (the Arizona Small Business Association), service as a member of the Board of Trustees of the National Small Business Association in Washington D.C., President of the National Speakers Association/Arizona, Chair of the Board of Advisors to Parenting Arizona, the state's largest child abuse prevention organization, & much more.
AZBio: Supporting Arizona's Life Science Industry for 19 Years (2003 – 2022)
Learn more about Arizona's bioindustry: www.azbio.org
| Facebook: AZBIO |Twitter: @AZBio @AZBioCEO
We're part of a movement to create sustainable funding for life science innovation in Arizona.
Learn more at www.AZAdvances.org
MOVING LIFE SCIENCE INNOVATIONS ALONG THE PATH FROM DISCOVERY TO DEVELOPMENT TO DELIVERY OUR VISION OF THE FUTURE: Arizona is a top-ten life science state. OUR MISSION: AZBio supports the needs of Arizona's growing life science ecosystem.The Arizona Bioindustry Association (AZBio) is a not-for-profit, 501(c)6 trade association supporting the growth of Arizona's life science sector.
AZBio Member Organizations in the fields of business, research and education, health care delivery, economic development, government, and other professions involved in the biosciences are the key drivers of the growth of Arizona's life science sector. As the unified voice of our industry in Arizona, AZBio strives to make Arizona a place where bioscience organizations can grow and succeed.
AZBio works nationally and globally with the Advanced Medical Technology Association (AdvaMed), the Biotechnology Innovation Organization (BIO), the Medical Device Manufacturers Association (MDMA), the Pharmaceutical Research and Manufacturers of America (PhRMA), and leading patient advocacy organizations.
Through these relationships, AZBio has access to information, contacts, resources, cost saving programs, and the global bioscience and medtech community.
Arizona's bioscience industry is growing rapidly and reached nearly 30,000 jobs spanning 2,160 business establishments in 2018. Industry employment has grown by 15 percent since 2016—twice the growth rate of the nation—with each of the five major subsectors adding jobs during the period. Arizona's universities conducted nearly $580 million in R&D activities in bioscience-related fields in 2018, fueled in part by steadily increasing NIH awards to Arizona institutions since 2016. Venture capital investments in Arizona bioscience companies increased in 2019, and during the 2016-19 period totaled $349 million. Arizona inventors have been awarded 2,178 bioscience-related patents since 2016, among the second quintile of states in patent activity.
Full Show: HERE
Guest: Stan Miele President & CBO Aqualung Therapeutics Corp
LKIN: HERE
www.aqualungtherapeutics.com
Stan Miele Bio:
A recognized global executive with success in sales, marketing and P&L leadership in the pharmaceutical/medical device and biotech industries. Mr. Miele was formally the Chief Commercial Officer at bioLytical Laboratories and Sucampo Pharmaceuticals Inc. He was also President of Sucampo Pharma Americas for 6 years. He was instrumental on some key licensing agreements for Sucampo, inclusive of the agreement with Abbott Japan, and also Takeda Pharmaceuticals (now Shire). He is actively part of the team ensuring proper execution of clinical development, manufacturing, licensing, capital funding, alliances, and ensuring Aqualung meets all critical milestones. He will be helping the company move toward accelerating the pipeline/platform technology and moving eNamptor™ toward commercialization.
Aqualung Therapeutics
Aqualung Therapeutics (ALT) is developing multi-pronged strategies to address the development of severe lung inflammation which is essential to the severity and outcomes of acute and chronic lung disorders such as acute lung injury, ventilator-induced lung injury (VILI), idiopathic pulmonary fibrosis, and pulmonary hypertension. Effective FDA-approved drugs are either currently unavailable or extraordinarily modest in their ability to modify disease progression. No drug is currently available that is preventive or curative. Aqualung's strategies, which include deployment of a human monoclonal antibody which targets a novel inflammatory mediator (nicotinamide phosphoribosyltransferase or NAMPT) will address the unmet need for novel, effective therapies for VILI, IPF, and pulmonary hypertension.
Full Show: HERE
Seg. 2 – Clips from:
Preventing Cancer with a Vaccine w/ Stephen Johnston of Calviri
- BRT S04 EP17 (179) 4-23-2023
Guest: Stephen Johnston Founding CEO, Calviri Inc.
LKIN: HERE
https://calviri.com/
Bio:
Chief Executive Officer & Chairman of the BoardStephen Albert Johnston is the inventor of the Calviri's central technologies. In addition to Calviri, he has been a founder of Eliance, Inc. (Macrogenics), Synbody Biotechnology and HealthTell, Inc. He is Director of the Arizona State University Biodesign Institute's Center for Innovations in Medicine and Professor in the School of Life Sciences. He has published almost 200 peer-reviewed papers and holds 45 patents. Prior to his appointment at ASU he was Professor and Director of the Center for Biomedical Inventions at UT-Southwestern Medical Center and Professor of Biology and Biomedical Engineering at Duke University. He is a member of the National Academy of Inventors. Dr. Johnston received his B.S. and Ph.D. degrees from the University of Wisconsin.
Calviri Inc.
We are determined to offer humanity a better life, free from cancer. While our goal is hugely ambitious, we are intensely driven to rid the planet of worry from cancer.
Calviri's mission is to provide affordable products worldwide that will end deaths from cancer. We are a fully integrated healthcare company developing a broad spectrum of vaccines and companion diagnostics that prevent and treat cancer for those either at risk or diagnosed. We focus on using frameshift neoantigens derived from errors in RNA processing to provide pioneering products against cancer. The company is a spin out of the Biodesign Institute, Arizona State University, located in Phoenix, AZ. We have the largest dog vaccine trial in the world underway at three premier veterinary universities. The five-year trial will assess the performance of a preventative cancer vaccine.
Full Show: HERE
ReFlow to Help Treat Hydrocephalus w/ Elsa Abruzzo & Mark Geiger of Anuncia Medical
- BRT S04 EP23 (186) 6-11-2023
Guest: Elsa Chi Abruzzo
RAC, FRAPS – President
Elsa Chi Abruzzo is a medical device executive, entrepreneur, and a founding member of Anuncia, Inc., Alcyone Therapeutics, Arthromeda, Inc. and Cygnus Regulatory. Elsa has a 30+ year successful product development, operations, regulatory, quality, and clinical track record in med tech Industries. Her experience includes leadership positions at Baxter, Cordis JNJ, CryoLife, Percutaneous Valve Technologies, AtriCure, InnerPulse, Merlin MD, Sapheon, and PTS Diagnostics. Elsa earned a BS in engineering from the University of Miami in Coral Gables, FL and is regulatory affairs certified and a Regulatory Affairs Professional Society Fellow, recognized for her leadership in Regulatory and Quality by MDDI.
https://anunciamedical.com/the-anuncia-story/#team
https://www.linkedin.com/in/elsachiabruzzo/
https://anunciamedical.com/
About AnunciaConceptualized in 2014 in collaboration with Boston Children's Hospital and spun out of Alcyone Therapeutics in 2018, Anuncia's patented portfolio of technologies are intended to provide peace-of-mind through innovation.
Our core ReFlow™ technology uses a simple finger depression of a soft silicone dome located under the patient's scalp to produce a noninvasive, one-way flush of the patient's own CSF directed toward the ReFlow™ catheter to restore or increase CSF flow through a non-flowing shunt and potentially avoid emergency surgery.
Learn More
The name Anuncia comes from Panthera Uncia, the species name of the snow leopard. These animals live in mountainous regions of Asia and have been called by the World Wildlife Foundation "Guardians of the Headwaters" as they roam the headwater areas of the western basins.
The origin of the word hydrocephalus comes from the Greek hudrokephalon, from hudro 'water'+ kephalē 'head'. The snow leopard, or Guardian of the Headwaters, is a symbol of Anuncia's dedication to improve daily quality of life for the millions of underserved patients with hydrocephalus and other CSF disorders, as well as their families, who suffer from the clinical, economic, and emotional burden of repeat revision brain surgery due to VP shunt occlusions.
Full Show: HERE
2nd Half – Clip from:
Cell Based Collagen from Jellatech + BRT 2.2021 - Best of Tech 2021
BRT S02 EP13 (60) 03-28-2021
Guests: Stephanie Michelsen, Co-Founder / CEO Jellatech
https://www.jellatech.com/
Stephanie Michelsen, founder and CEO of Jellatech, aims to use biotechnology to synthesize animal proteins - without killing the animals. This includes collagen and gelatin produced from animal cell lines and cultured in giant bioreactors to be used in food, pharma and cosmetic applications. Jellatech has raised $2.1 million. The Raleigh-based startup CEO lauded, lands on Forbes 30 under 30
https://www.forbes.com/profile/stephanie-michelsen/?sh=1a4e74ed778c
Jellatech is a developer of cutting-edge technologies to produce high quality, pure, animal-free collagen and gelatin. Founded by a group of innovators, dreamers, entrepreneurs and scientists, Jellatech is on a mission to eliminate animals from the food system, making better ingredient products - starting with collagen and gelatin.
Collagen is a by-product of the meat industry (protein in the body). You may be familiar with collagen from seeing it in skin serums, or with its derivative, gelatin, in gummy bears - but it's likely around you much more than you realize. This ingredient is used in a number of applications such as for food texturizers, vaccine stabilizers, pill capsules, the clarification of wine and beer, and many more.
Today, the only way to source native, functional collagen is to extract it from animals. This is what they are changing at Jellatech. Jellatech makes functional, native collagen - without animals. Cellular agriculture enables one to produce a more sustainable, smarter high quality collagen that breaks the cycle of relying on an inefficient and unethical supply chain of live animals.
Full Show: HERE
AZ Tech Council Shows:
https://brt-show.libsyn.com/size/5/?search=az+tech+council
*Includes Best of AZ Tech Council show from 2/12/2023
Tech Topic:
https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science
Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech
'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT
Thanks for Listening.
Please Subscribe to the BRT Podcast.
Business Roundtable with Matt Battaglia
The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.
Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…
BRT Podcast Home Page: https://brt-show.libsyn.com/
'Best Of' BRT Podcast: Click Here
BRT Podcast on Google: Click Here
BRT Podcast on Spotify: Click Here
More Info: https://www.economicknight.com/podcast-brt-home/
KFNX Info: https://1100kfnx.com/weekend-featured-shows/
Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.
From the publisher's feed