AZ Tech Roundtable 2.0

Cannabis Backstory in AZ – from Inception to Now

- BRT S02 EP 32 (79) 8-8-2021

What We Learned This Week

• AZ Cannabis Industry is maturing
• License Disputes early on as Operators and their Financiers learned Biz

• 120 Licenses, mainly 3 or 4 Players own most, & then some Mom & Pop Operators

• Licensing Process – buy a license vs renting one
• Regulations in the Industry continue to change

Guests: Chris Gooch, Director w/ Fenimore Law

https://www.fennemorelaw.com/people/attorneys/e-j/gooch-j-chris

Christopher Gooch heads our real estate litigation practice. Chris represents clients in business matters including breach of contract, business torts, fraud, entitlement litigation, boundary disputes, condemnation actions, title disputes, landlord-tenant matters, professional malpractice, and construction law. His clients include a broad spectrum of entities, ranging from Fortune 500 corporations to entrepreneurs. Through his ongoing representation of various investors and operators as a business litigation attorney, Chris has also developed an expertise and understanding of Arizona's medical marijuana industry and regulations.

Chris talks Cannabis laws in AZ, commercial litigation, and business disputes in Cannabis between business & investors after initial licenses were issued. Also the disputes between license owners, and now the massive consolidation – big co’s buying licenses. There are 120 licenses in AZ, mainly 3 or 4 players own most, and then some mom & pop operators. 

The Attorney General of AZ issued opinion found that law firms will not be prosecuted if work w/ Cannabis business, gave cover that legal offices could work in Cannabis, firms like Fennimore started working in Cannabis circa 2013. The Recreational Cannabis Licenses went to most of the current license holders. The original license carriers were kids, inexperienced, wasting $ money, while also acting as front men for Investors, which led to lawsuits, and some forced BK for investors to regain control of license (and force out the owners. The Cannabis business in AZ is now mature and calm.

Sara Gullickson, Founder / CEO - The Cannabis Advisors https://thecannabisbusinessadvisors.com/

Sara is an entrepreneur, investor, and corporate dealmaker with more than a decade of experience building and scaling businesses personally and professionally. A high-level strategist, Sara advises stakeholders on corporate structure, financing, and operations to better position their companies for growth and potential exit.

Sara tells how the Operation of the Cannabis Industry goes, and what new people need to know before operating a dispensary; Licensing process – buy a license vs renting one, & Future Growth in the AZ market. She also covers raising funds, M&A - recent consolidation in AZ industry, the issues owners face, building brands, regulations & upcoming changes.

Cannabis Topic: https://brt-show.libsyn.com/category/Cannabis-Hemp-Marijuana

‘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.

Cybersecurity, Disruption, Blockchain & Terrorism w Ari Redbord of TRM Labs

- BRT S02 EP31 (78) 8-1-2021

What We Learned This Week

• Cybersecurity is extremely important industry for national security
• TRM Labs startup in cyber-security, monitors blockchain
• OFAC - Gov’t administers economic and trade sanctions
• Ransomeware – specific breach, takeover of a computer system, holds data hostage

• Programatic Money Laundering – bad guys create new addresses, create ‘shell’ companies

Guest: Ari Redbord, Head of Legal and Government Affairs w/ TRM Labs

https://www.linkedin.com/in/ari-redbord-4054381b4/

https://www.trmlabs.com/post/trm-labs-appoints-ari-redbord-as-head-of-legal-government-affairs

Ari is formerly a US Attorney, and worked in the Treasury Department, now advises the Government on cybersecurity, and Blockchain.

Cybersecurity is a fast growing and extremely important industry for national security, and corporate interests. There are Nation States acting as bad players in the cyber realm and targeting the US Government and US business. We discuss the advancements in technology on cyber crime, blockchain, crypto, and online fraud.

How is the FBI dealing with Ransomware, and other cyber attacks on prime targets like the Colonial Pipeline, or other big corps. What Regulations are coming in banking, and Fintech, with KYC (Know Your Customer), plus the big banks like JP Morgan Chase and Goldman are on board. 

What the blockchain ledger can help solve in security, to monitor criminal activity in real time with the help of crypto exchanges like Coinbase.  Lastly, what TRM Labs does for clients, how they advise, operate, and who they work with.

Notes:

TRM Labs – blockchain security biz, works with law enforcement and businesses. Financial exchanges and Regulators. Monitor cyber-security - TRM – startup, 3 yrs old, Ari joined 2021. Monitor risk in crypto currency.

OFAC – The Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United​ States.

Finfin – regulator in cyber space and regular banking

Government  response to cybersecurity  - 1st post 9/11 moment and new threat. Digilal battleground and cyber war.

Cyber attack – overarching any cyber security breach.

Ransomeware – specific breach, takeover of a computer system, holds data hostage. Example: Lazorous Group – Nation State Actors.  North Korea trackers steal money and crypto currency, steal data, Personal Identity Info (PII)

TRM Blockchain – Network of computers that have open network – track crypto currency codes & addresses and tie them to exchanges like Coinbase

Datascience and Machine Learning

Programatic – money laundering – bad guys create new addresses, create ‘shell’ companies

Wack-a-mole – process of chasing criminals, get one, another appears in fiat world

MB on Disruption via the Clayton Christensen book, The Innovator’s Dilemma

- a business book classic that explains the power of disruption, why market leaders are often set up to fail as technologies and industries change and what incumbents can do to secure their market leadership for a long time.

Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

‘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.

Investing Mid-2021, Inflation, Tech Stocks are Flat, Now What?

- BRT S02 EP30 (77) 7-25-2021

Things We Learned This Week:

• Inflation, The Fed, Macro outlook, state of the market
• Bitcoin – how should average investor think about it, or too speculative ?
• Cyclical Stocks, value stocks, growth stocks (should you hold off)
• Portfolio Turnover, prune out losers, what is working
• Passive vs Active mgmt, why Indexing not the answer
• What Tactical strategy means in investing w Robert

Guest: Robert Raeburn VP Wealth Mgmt,  Life Pro Asset Mgmt

Robert’s Weekly Insights - https://www.lifeproassetmanagement.com/insights

LPAM YouTube Channel: Here

Notes:

Review Robert’s basic stock parameters - More about liquidity vs. market cap – mid to large.

Where in the cycle are we at? Secular growth

Rate of change – feeds into earnings

Qualitative side – some disruption, then turn around

Momentum and sales growth – sector trend – positive

Earnings don’t matter, until they matter / can be Balance Sheet, EBITDA. Look at CF, FCF.

Valuations – rise and buy and when to bail.

Screening – difficult to screen certain factors

Machine – many traders using computers and algorithms – see where the money flows are

Commodities – oil, gas, copper – 2010 hot because China building

Software – trades on billings growth, recurring. Does it grow quarterly?

Financials – yield curve and earnings

Utilities – bonds, what is your 10 year yield? (P/E – 5x)

Broadly speaking – is this business growing and capturing market share, leader in the space? Good balance sheet, low debt

Keep it simple, Wall Street makes it too complicated.

2020 – Recession, 2021 recovery. Low interest rates and recovery – S&P  up.

Robert was heavy on tech and software from 2010 – 2020

Make money regardless of state of the market

Investing style is over-rated. Dominate investing theme. Do not put yourself in a box – these themes could last 5 – 10 years.  Sector themes last up to 10 years.

Investing – 3 changes of doubt, acceptance, & exuberance usually takes 10 years for all 3.

Physics Analogy – takes so much force to push a stock higher, needs so much money buying the stock to push it higher.

Big tech rising so much, gets so big and now government regulates and growth slows.

Passive – buy Market Index and hold for years. No market timing, own group of stocks and hold for years.

Active - minimize exposure to areas getting disrupted and beat up. Move money to sectors growing and buy companies that lead. Companies, like people or Empires, are born, grow and then die.

Mean reversion – catalyst to make it happen, to turn it around. Follow others who discovered turn around.

Oil and gas – 2.4% of S&P

Tech and Comm.– 40% of S&P

Apple and Tesla bigger in S&P than oil and gas, (steel, copper)

Catalyst - rebuild west, materials, oil & gas, commodities, financials (banks)

Re-flationary – banks borrow money low and lending more money now, Volume on loans

Raw material cost is $0 for banks – spread banks pay .05% and make 1.5% spread

Risky and Riskier Stocks, all Stocks have risk

What is your timeline? Needs to be long term, ie - Miss 10 days of recovery, lose 50% gains

Price does not equal truth

What are you investing in? What is your exit plan?

Mid Life structure – making money too easy, too speculative.

Distribution - Top 1%, top 20%, top 50%, Markets teach hard lessons on wealth

Crypto and Block chain are real, but like 2000 tech. Not there yet, take 10 years.

Who will be the winners? 2000 looked like Yahoo, AOL & Netscape, but Amazon + Google won.

Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

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 Problem of Human Trafficking & How the Phoenix Dream Center Helps the Victims Get Their Life Back

- BRT S02 EP29 (76) 7-18-2021

Things We Learned This Week:

• Human Trafficking is a very serious problem, nationwide
• Phoenix Dream Center helps victims to recover and rehabilitate
• Phx Dream Ctr staff are largely made up of former victims giving back
• St Vincent helps the Homeless Population In Phx, and families struggling to keep their homes
• Donations are needed year round, especially summer, when people are most vulnerable in the heat

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.

According to the US Department of Homeland Security, human trafficking is a modern-day form of slavery involving the illegal trade of people for exploitation or commercial gain. In other words, these victims are subject to sexual acts, forced labor, or both. Just to give you a reference for how big the human trafficking industry in the United States is: it makes more money than the NFL, the NBA, and Major League Baseball COMBINED.

The Phoenix Dream Center’s Human Trafficking Program is a flagship program of the Phoenix Dream Center. Established in 2009, it is one of the largest service providers for young adult victims of human trafficking in the nation. The Program was created to help rebuild the shattered lives of young women rescued from human trafficking and commercial sexual exploitation.

Michelle talks about what the Dream Center offers to help victims from Rescue & recovery, Therapy similar to EMR , Clinics – school, dental, health, scholarship & career opps. Many of staff has gone thru the program and now work at the Center. 

Guest: Steve Zabilski, Executive Director of St Vincent DePaul https://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

Steve talks about the tough hot summer the homeless population is dealing with, and how people can help with donations of money, goods, or time.

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. 

“We are a place that provides opportunities for others to be of service and this provides real meaning in our lives; a sense of purpose, a peace and joy that comes from having a reason for being that which is greater than ourselves,” professed Zabilski. 

For More Info and Community Shows or to Help:

https://brt-show.libsyn.com/category/Community-Charity-Education

‘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.

 State of AZ Tech in 2021 w Steve Zylstra of AZ Tech Council

- BRT S02 EP28 (75) 7-11-2021

Guest: Steve Zylstra, President / CEO AZ Tech Council

https://www.aztechcouncil.org/

https://www.aztechcouncil.org/kfnx_july2021/

What We Learned This Week

• AZ as a great technology hub in the U.S.
• AZ Tech Council as an advocate for the entire Tech industry, helps both economic & job growth in the state
• Semiconductor - building plants in AZ
• Aerospace Industry in AZ
• Steve Jobs Return to Apple - Power of Focus & Simplification

Guest: Steve Zylstra, President / CEO AZ Tech Council

https://www.aztechcouncil.org/

https://www.aztechcouncil.org/kfnx_july2021/

Steve Zylstra of AZ Tech Council joins BRT to talk all things technology in the Valley. The Arizona Technology Council is one of the largest technology-driven trade associations in North America, with over 850 members and growing, the only organization specifically serving technology companies statewide. They protect innovators and truly believe that technology moves all of us forward; and are dedicated to the future of Arizona.

Steve Zylstra advocates for AZ tech, as well as his recurring writing about the industry. Steve, and the Council are a major source for updates on technology, business growth, and what legislation is being drafted.

We talk about AZ as a great technology hub in the U.S., and how it compares to Silicon Valley, Boston, etc. Also the Future tech Co’s moving to the valley, influx of people moving to the valley from CA, NY, etc.

How high tech jobs help the valley, and surrounding business plus VC and Angel Investing. The importance of semiconductors and Aerospace, two of the most prominent industries in AZ.

Notes:

AZ Tech Council (.org) has events throughout the year -

Med tech Conference – Annual – Med and Bio Tech, AI, drug discovery, cancer treatment

Events – Monthly networking, Tech Speaker series – 12 conferences

AZ Angel Investment tax credit just renewed – 2021 (started 2006)

Investor Groups in AZ - Canyon Angels – GCU, ATI, Desert Angels

Tech Hubs: Boston, NYC, Austin, Phx, Tucson, Silicon Valley

AZ Business climate and weather climate, plus cost of living make it very desirable for tech business

Numerous examples of Tech Investment & Industries in AZ –

Keap / InfusionSoft,  Investor was  PADT

Intel - $20 billion investment in Chandler and create 3K jobs and construction.

Aerospace / Defense – Ratheyon, Honeywell, Boeing, Northup Grumin

Semiconductors – Intel, Motorolla (started 1949), Taiwan Semiconductors move to AZ

Intel and TSM (Microchips) – 17% made in USA and rest in world – want to double that 35% made in USA.

Autonomous – AI, radar, video

EV – Lucid, Tusimple, Waymo, Nikola, hydrogen powered trucks, Atlis Motors – 3 wheeler in Mesa, AZ

Steve Jobs Returns to Save Apple in 1997

MB talks the 1997 return of Steve Jobs to Apple. How he saved Apple thru the Power of Focus & Simplification. Jobs re-established leadership, and corporate philosophy,  plus the classic 'Think Different' marketing campaign. 

Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

More - BRT

Best of Tech 2021:

Cell Based Collagen from Jellatech + BRT 2.2021 - Best of Tech 2021

BRT Summer TechFest 2021 – Drones, Robotics & More 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.

BRT Rebound - Sports Gambling, Real Estate Investing & More Best Of Investing 2021

- BRT S02 EP27 (74) 7-4-2021

Clips from past show segments of BRT talking Investing topics in 2021. If you want to hear about stocks, diversification, bitcoin, real estate, non-profits & sports gambling then this will be fun for you. 

Seg. 1

Topic: Investing

Clips w/ Robert Raeburn with Life Pro Asset Mgmt Robert’s Weekly Insights - https://www.lifeproassetmanagement.com/insights

Robert’s core philosophy on picking stocks - good companies that are growing, leadership position in their industry, positive cash flow, good balance sheets, and low debt. Keep it simple and understand what you invest in.

Clip from Seg. 2 of 1/24/2021  

Full Show: Here 

Clip from Seg. 2 of 7/25/2021

Full Show: Here 

Seg. 2

Topic: AZ Legalized Sports Gambling 

Adam Candee w/ Legal Sports Report

https://www.legalsportsreport.com/arizona/

Clips from Seg 3 of 5/9/2021

Full Show: Here 

Topic: Real Estate Accounting w/ Keystone CPA

Guest:  Amanda Han & Matt MacFarland w/ Keystone CPA

https://www.keystonecpa.com/

Clip from Seg. 3 of 4/18/2021

Full Show: Here 

Seg. 3

Topic: Non-Profit Investing

Guest: Steve Zabilski, Executive Director of St Vincent DePaul https://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

Clip from Seg. 4 of  5/2/2021

 Full Show: Here 

Topic: Bitcoin, Bonds, Credit Markets and Reserve Currencies  

https://twitter.com/FossGregfoss   /    https://ca.linkedin.com/in/greg-foss-a553ab32

Clip from Seg. 2 of 6/13/2021

Full Show: Here 

Seg. 4

Topic: Investing & Retirement

Clips w/ Denver Nowicz of https://wealthforlife.net/

Clip from Seg.3 of 2/28/2021

Full Show: Here 

Diversification, is it really as good as the business media claims? Why the top investors do not diversify and choose to concentrate their holdings including the Oracle of Omaha, and his partner Charlie Munger are two of the most outspoken critics.

Clip from Seg. 4 of 6/6/2021

Full Show: Here 

3 to 1 Tax Free Matching – one of Denver’s favorite strategies thru insurance, more for upper level earners who have  a long term horizon

Previous BRT Shows w/ Denver Nowicz:

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-Stocks-Bonds-Retirement

More Best of Investing: Here

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.

Puzzled by Business & Retirement? We Explore Both

- BRT S02 EP26 (73) 6-27-2021

Things We Learned This Week

• Completing the Puzzle is going to be the Netflix of Puzzles, where you can order different puzzles monthly on subscription
• Background in Software & Marketing - what to build and how to build a product people want       
• Riches in the Niches, Blue Ocean business with limited competition
• Social Media like Facebook & Pinterest is where Puzzle enthusiast hang out
• 3 Tax Buckets – Taxed (W2 Income), Tax Deferred (401K, IRA), Tax Free (Roth IRA, Muni Bonds, IUL)

Guest: Brian Thomas & Alania Cater of Completing the Puzzle 

https://www.completingthepuzzle.com/

https://www.facebook.com/completingthepuzzle/

Brian and Alania talk about their business that was started during the Pandemic – Completing the Puzzle, the Netflix (think DVD shipping) of puzzles. You join the club and can get puzzles sent to you on a regular basis, do the puzzle and ship it back. This is the classic startup story of 2 people working in the corporate world, that started their own business, worked it as a 2nd job, until they could quit their jobs and operate it full time.

The founders come from the online world, so they have a background in web design, software design, E-Commerce, product launches and marketing. These skills were used to get this new opportunity off the ground. The business was originally worked out from their garage, and now it is a warehouse operation entertaining, and serving the Puzzle community on Facebook and beyond.  

Monthly Puzzle subscriptions with options. Puzzles come delivered thru the mail. After you are done, you return it for a new Puzzle. Niche business with fan following on Facebook & Pinterest.

Guest: Denver Nowicz, President - Wealth For Life http://wealthforlife.net/

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’.

Today we talk about Executives, and what strategies can they use to handle taxes, investments, & retirement. The standard retirement plans (IRA, Roth IRA, 401K), what is a 401K, and the deferred tax setup in the plan (and recs take company match on 401K). We shift to why business owners have more options and benefits and what are they (Acquire assets, stocks, real estate, invest in business).

The 3 Tax Buckets – income, tax deferred, tax free, and understanding the 3, and tax protection  – move more $ to the tax free position. When you have Assets – rental real estate, cash flowing business, IUL, you can use them for tax benefits. Create your own Exit Strategy as if you sold the biz you worked for, and get the benefits of 3 to 1 Lender Match. What is the strategy of Elon Musk or Jeff Bezos with Tax Free Loans?

Notes:

Executive and W2 employees make $100 K + and get W2 income taxes put money into 401K, tax deferred saves money in taxes now, but costs later.

Own business-get deductions, less taxes

Real estate- get deductions, depreciation less taxes

Capital Gains at 15-20%, better than 30% + income taxes.

Top 10% earners pay 70% taxes

Roth IRA – pay tax first, growth is tax free. Caps out at certain income, circa $180K.

Most advisors suggest 401K, because instant tax savings, but do not discuss taxes later, because pay taxes in retirement

Should ask if you want to pay taxes now (Roth) or later (401K). If they asked that question, more people would choose Roth. Then you know the Government is out of the picture.

Government is your partner always, and IRS takes their cut.

Better to know your tax rate now and pay now

Not all insurance strategies are good, not all are bad, just like stocks or real estate – some are good.

IUL – have caps on upside, get uncapped.  Expenses  go down over time. Max fund, and get 8-10% per year and NO market risk. Add financial leverage with 3 total and asset grows bigger – use loans like real estate ex. Use call options, no losses. Create $1 million tax free asset growing

*Loans are the gateway to tax free money.

Reduce risk and put yourself in better position. Wealthy people use OPM – not only their own money.

Use options strategy, not in market but linked to the market, capture gains, but not the losses.

Avoid market roller coaster - gain money, lose money,  repeat. Instead with options strategy – lock in gains, no losses. - Market down 25%, need 50% gain to get even.

3 to 1 matching program with loans. No loan docs or guarantees, asset is collateral, bank loans on policy.

No limit, you put in $500K, bank matches with $1.5 million (3 to 1)

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-Stocks-Bonds-Retirement

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.

3D Printing & the AZ Tech Industry

- BRT S02 EP25 (72) 6-20-2021

Things We Learned This Week

• 3D Printing tech affects many industries – healthcare, robotics, Aerospace, design
• Aerospace – 3D printing for rockets for moon & mars exploration                                                   
• AZ Tech was an Aerospace & Semiconductor hub for years, now growing into to many more tech industries, History dates back to WWII
• Moore’s Law – cost of 3D machines are down, cheaper to use 3D, & growing
• PADT has many Patents, plus also does Angel Investing to grow AZ Tech community

Guest: Eric Miller, Co-Owner & Principal of PADT, Inc.

https://www.padtinc.com/

Eric Miller is the co-founder and Principal for a 3D printing, consulting and design company called PADT (started in 1994). They hold engineering patents for design. Their main location is in AZ, but have offices around the SWest. They have all areas of the industry covered, as well as servicing, and selling the 3D equipment. PADT also does modeling and simulation for clients.

Eric is very involved in the AZ Tech Industry for more than 30 years, as an Executive, Entrepreneur and an Investor. He serves on the AZ Tech Council, and in some prominent Angel Investor funds groups. He has dealt with Startups, and also AZ Commerce Authority in promoting tech in AZ.

The tech sector is covered is covered in a wide range, from investing and seed funding to regulations Government involvement in luring new firms to the valley. The uses of 3D technology affects so many fields from healthcare, to Aerospace, engineering design, building, and even robotics.

Notes:

3D printing – history of factory molding & cutting design manufacturing                                           

3D - slice it up 200x & robot or laser 7 builds material from layer 1 to 200                                                  

Intel Pentium computer – currently computing power up faster & complex 100 x à 1000

Modeling & simulation – Bigger part of biz for biz to biz market – make prototypes

Cost of machines down, materials are better, cheaper to make & more robust use.

Construction – build houses

Medical – CT Scan à 3D model to practice surgery on models life saving. Or use it to guide surgery, even cancer treatment – custom parts.

Aerospace – 3D printing for rockets for moon & mars exploration                                                             

Robot – hand (end effector) - built by 3D. Get price numbers down and rebuild (reboot) American manufacturing. Automation / robotics  / 3D all connected . This is the future.                                                           

Not quite AI, but more robotics with AI assistance to monitor.                                                              Supply chain is fragile – solution is automation & 3D printing.                                                                                                       

AZ Tech – was semiconductor hub, now more tech is coming and more factories being built because of past biz – Aerospace – Raytheon, Motorola, Honeywell

History dates back to WWII – concerns of coastal co’s à move inland to AZ                                   

Radios - Motorola, Honeywell                   

Missiles & helicopters – Boeing & Raytheon                                                                                              Intel, Samsung, TSM, etc – last 40 yrs 

Tech Topic: https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

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.

Bitcoin, Bonds, Credit Markets and Reserve Currencies w/ Greg Foss

- BRT S02 EP24 (71) 6-13-2021

What We Learned This Week

• Bitcoin is Digital Energy
• Bond and Debt Markets cannot hold up, way too much debt with Governments worldwide
• Bitcoin could become Reserve Currency as Fiat currencies like the Dollar collapse
• Credit Markets need to be monitored as an Investor
• $900 Trillion Total Global Debt

Guest: Greg Foss

Links: 

https://twitter.com/FossGregfoss   /    https://ca.linkedin.com/in/greg-foss-a553ab32

Bitcoin as Portfolio Insurance Paper - https://bitcoinmagazine.com/markets/executive-summary-why-every-fixed-income-investor-needs-to-own-bitcoin-as-portfolio-insurance

http://www.worldgovernmentbonds.com/cds-historical-data/

Greg Foss is a former credit trader, who has worked in finance and the bond markets for nearly 30 years. This talk is a breakdown a paper Greg recently wrote entitled – ‘Why Every Fixed Income Investor Should Needs to Own Bitcoin as Portfolio Insurance’.

He gives an overview of the credit markets, how bonds work, interest rates and inflation and US Treasury historical rates. Greg ties this to the overall market, currencies (fiat and hard assets), stocks and the effects current Government deficits have.

Greg tells every investor to pay attention to credit markets as they are indicators of what is going on with stocks. His belief is the US Dollar is dwindling as the reserve currency, and Bitcoin (not Gold) is the better hedge vs inflation.

Greg thinks Bitcoin will one day replace the US dollar as the reserve currency of the world. He goes further to give his insights on Bitcoin, the intrinsic value and where it will be in 10 to 20 years. 

Notes:

Value of time, energy of work.

Fiat defined

Bond basics and interest rates

Bitcoin basics – ‘digital energy’ – 1st low thermodynamics – energy stored.

Cash/gold as currency – Blockchain – no forgery – vs. gold (is it Tungsten?)

Bitcoin intrinsic value – 21 mil ‘hard’ cap of BC, equation

Credit default swaps market and how it applies

Devaluing a currency -  ‘debasement’ print more money and existing money  in market,( lower or decrease)  - more dollars to buy that house.          

Jeffery Gundlach – current Bond King, formerly it was Bill Gross of Pimco

All US credit and world – priced out of NY

Leverage – 10x leads to credit implosion in 2008.

Ratings Agency – S&P signs off on bad debt 2008.

Banks – levered 15-20x, fractional reserve swift system – takes days or weeks to settle. 

Credit markets & CD’s - $900 Trillion Total Global Debt    

Actual  intrinsic value -  90 TR / 21 million = 4.5 million / BC

Energy priced in BC and reserve asset of world

Always hedge the risks – manage risk

‘Volatility is the price of return’ – Bill Miller

BC volatility similar to Amazon stock – many draw downs over 20 years.

Crypto / Blockchain Topic:

https://brt-show.libsyn.com/category/Crypto-Bitcoin-Blockchain

Best of Blockchain / Crypto: Here

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

‘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.