What’s up Episode 87, Business News and Other Sh!t, how y’all doing? We taped from Cedar’s again, the restaurant that I own.  We have launched a new menu by the way with a kickass chef, delicious food, awesome reviews, please roll through, if you see me please grab me, say what’s up. Today we have a really cool dude named Billy McMillan. This dude worked at NASA for 10 long years. We also had Chris Brodhead, our producer on the podcast who we haven’t had on in a while, him and Billy were friends when they worked at NASA together.  Man what an interesting dude. During his time at NASA Billy helped create innovative leadership development programs for the agency and after several years of that he moved over to Accenture where he continues to create leadership programs and coach. We got into some really cool detailed questions about NASA as well:  Are they a waste, are they dumb, are they cool, what kind of curiosity NASA satisfies and is NASA worth it?  Sit back, relax and enjoy the episode. Peace.

Billy McMillan (https://twitter.com/_BillyMcMillan) is an ICF certified coach who developed his coaching skills during his 10 years working at NASA and now continues to impact the way the world works and lives at Accenture. He lives in Titusville, Florida with his wife and 2 children. (https://www.linkedin.com/in/billy-mcmillan-203b471a/)

3:00 Cedar’s drama

10:00 Billy’s background

14:00 Religion  (Elon realizing Jack Ma is an idiot https://www.youtube.com/watch?v=aHGd6LqAVzw)

19:45 NASA

30:15 Billy’s Leadership Development

47:00  Therapy

52:30 SCARF model

58:30 Mentors

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This is part 2 of our interview with Cory Shepherd, the president of Sound Financial Group (www.sfgway.com), and he runs a podcast called “Your business, Your wealth” (www.yourbusinessyourwealth.com).

What's up y'all? Umbrella insurance helping you make money. Disability Insurance helping you make money cultivating contentment. What is this wacky dude Cory talking about? Um, it was different. It was a different financial advisory conversation that I'm used to having. I'm used to talking about stocks, bonds, where to invest, how much to invest what age you should start investing?

No, the dude is like, yo, none of that stuff matters as much as you being happy and using money to build your contentment. And me and John admitted, we struggled with contentment.

So Cory broke it down for us and explained how his approach at Sound Financial Group is different than your average broker at Morgan Stanley. How they actually charge a design fee to help you design your financial life as opposed to taking 1% of commissions each year.

He is a very cool and smart guy. He really gets in depth on financial advising in this episode.

Anyway sit back, relax. Enjoy peace, y'all.

1:13 Impeachment/Election

8:53 Westwing

10:45 Aphrodisiacs, Yohimbe

13:23 Election Cycle vs. The Stock Market

17:44 Sound Financial Group

28:41 Making Contentment, Not Money

46:03 Fiduciary Standard, Sustainability Standard

53:18 Sufficiency and Surplus

Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

What's up BNOS listeners! This is episode 85 the first one of 2020! That's right we just finished a decade with a stock market bull market for 10 straight years. Wow, hope y'all made some cash.

Our guest today was Cory Shepherd, the president of Sound Financial Group (www.sfgway.com), and he runs a podcast called “Your business, Your wealth” (www.yourbusinessyourwealth.com).

He is a very cool and smart guy. He really gets in depth on financial advising and you can catch our deeper conversation in Episode 86. Which comes out later in the week.

But what we talked about besides that longest bull market was Carlos Golson. This is the dude that ran Nissan Mitsubishi. One of the biggest car companies in the world and then he gets arrested in Japan. Then this week the dude fled Japan somehow, some way without passports, the dude escaped the country. It's like some crazy TV shit.

Then we get into this attack that Donald Trump approved. Basically, they killed a top General. I had previously talked about oil prices going up and they have been going up the last three months since I mentioned that. But I think oil prices are done.

Anyway sit back, relax. Enjoy peace, y'all.

4:03 Quick rundown of Sound Financial

7:05 Holding a strategy: The Restaurant

11:38 Cory’s Growing up

19:18 Dubai

23:38 One of the longest bull markets 2010-2020

32:27 Carlos Ghosn, financial crimes, Nissan

41:20 Cultivating contentment

48:04 General Soleimani Attack

Connect with Amer and BNOS:

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Sound Financial Inc. dba Sound Financial Group is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Insurance products and services are offered and sold through Sound Financial Inc. dba Sound Financial Group and individually licensed and appointed agents in all appropriate jurisdictions.

This podcast is meant for general informational purposes and is not to be construed as tax, legal, or investment advice. You should consult a financial professional regarding your individual situation. Guest speakers are not affiliated with Sound Financial Inc. dba Sound Financial Group unless otherwise stated, and their opinions are their own. Opinions, estimates, forecasts, and statements of financial market trends are based on current market conditions and are subject to change without notice. Past performance is not a guarantee of future results.

Wanna grab good grub before your New Years celebration? Come hit our New Year's Eve party at Cedars! Catch our new Chef Amado Lopez throwin' down a dope culinary experience through a one-time-only 4 course prix fixe menu baby! Seats limited, book here using Opentable!

Our guest was Brian Reed the comedian. I love this dude. On the show he agreed to do this experiment where he goes up to as many women as he has to until one of them agrees to go out on a date with him. And he promised to come back in the new year and report to us what his results were.

We also talked about Facebook. Are they a monopoly? What's a monopoly? How do you think about a monopoly? You know, these guys run the majority of social media in the world so yes they are a monopoly.

We talked about China, we talked about Brexit, the world becoming less and less economically integrated. That's nothing to sneeze at y'all. It has big consequences. Short term it may be positive for the United States stock market. Long term, very negative for all stock markets, especially the United States. We need other countries in order for us to grow. That's the bottom line y'all.

So sit back, relax and enjoy this episode. Thanks for listening. Peace and happy new year.

3:00 Total Brian dating 

5:20 Social media monopoly 

13:00 Politics and presidencies

16:30 China 

19:00 Brexit discussion

24:00 Chinese surveillance 

27:00 Nationalism

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Wassup BNOS listeners! Here's to another kicka$$ decade in 2020!

Yo, wanna grab good grub before your New Years celebration? Come hit our New Year's Eve party at Cedars! Catch our new Chef Amado Lopez throwin' down a dope culinary experience through a one-time-only 4 course prix fixe menu baby! Seats limited, book here using Opentable!

Btw, this is our last episode before the new year. THANK YOU ALL for supporting the sh!t out of me and the podcast! We'll catch y'all in January!

This week's guest is Mansoor Kazi. The dude's a gangster when it comes to education & corporate pedigree. But here's the really cool thing: this brother also grew up in a small business *dry cleaner* in none other than Augusta, Georgia. Dats right, dry cleaning for rich golfers, you gotta hear his stories about Sergio & Tiger (ehem, he also shares some great stories about consulting lol).

And, MOST IMPORTANTLY, we then got into "A-B-C" -- always be closing, baby. Best example we had? One of my boys who kept asking women on the street for a date until one of them said Yes. Guess how many he had to ask? CLICK TO LISTEN.....

Sit back, relax and enjoy Episode 83!

Peace,

9:00 Mansoor explaining his job

12:29 ask for forgiveness, not permission

13:55 “The uncomfortability is how things get better”

35:30 “Something better than a condom for your infidelity”

40:08 Mansoor talking about small business vs consultant appreciation

42:00 Blockbuster consulting missing the boat

44:00 Corporate vs small business

46:00 Digital natives and brick and mortar stores

48:00 Home depot

50:00 Consultant jargon

Connect with Amer and BNOS:

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J. J. Wenrich is a Certified Financial Planner and 20-year veteran of the investment world.  He developed his fascination in the stock market as a child, watching business reports on PBS, one of the few stations available in his small-town Kansas home.  During the freezing winters and blazing summers, he was inside learning about what he calls “the amazing world of stocks.” Despite his small-town upbringing, J.J. had progressive teachers along the way who included personal finance and stock-picking games in their curriculum.

Later, his education continued at The University of Kansas, reigniting his love of the market. So much so that, while his buddies headed off to Mexico for spring break, he stayed on campus and spent all-nighters watching CNBC, geeking-out on stock charts and spreadsheets as he followed equity markets around the world.

Since then, J.J. has built a 20-year career in financial planning and investments, working with some of the best investment professionals and financial advisors in the U.S.

Along the way, he met his wife Jodie—also a financial professional—and together they built a family “portfolio” including Jodie’s son and another three children born within 30 months. It’s that family unit that is the basis of J.J.’s lessons on educating kids about healthy financial habits and Teaching Kids to Buy Stocks.

J.J. also runs a Registered Investment Advisory Practice in California (https://www.jjwenrich.com/wenrichconsulting)

0:20 Friendships

3:20 Cumoc’s Sickness

4:00 Hanging Out with Business Partners

9:15 Forming Relationships with Clients

11:19 Treating People Like People

12:18 Friendship Article

19:45 Modern World Distractions / Phone Addiction

22:38 Donald Trump and Tim Cook / Apple Factory

28:42 Teaching Kids to Buy Stock

30:09 Farmer’s Wives Investing

35:15 The Book’s Feedback

36:37 Stocks Follow Earnings

39:40 Paying for Future Earnings Up Front

46:32 Ratings for Expected Earnings

51:08 Influencers

53:10 JJ’s Next Move

54:17 Marketing Skills

Connect with Amer and BNOS:

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J. J. Wenrich is a Certified Financial Planner and 20-year veteran of the investment world.  He developed his fascination in the stock market as a child, watching business reports on PBS, one of the few stations available in his small-town Kansas home.  During the freezing winters and blazing summers, he was inside learning about what he calls “the amazing world of stocks.” Despite his small-town upbringing, J.J. had progressive teachers along the way who included personal finance and stock-picking games in their curriculum.

Later, his education continued at The University of Kansas, reigniting his love of the market. So much so that, while his buddies headed off to Mexico for spring break, he stayed on campus and spent all-nighters watching CNBC, geeking-out on stock charts and spreadsheets as he followed equity markets around the world.

Since then, J.J. has built a 20-year career in financial planning and investments, working with some of the best investment professionals and financial advisors in the U.S.

Along the way, he met his wife Jodie—also a financial professional—and together they built a family “portfolio” including Jodie’s son and another three children born within 30 months. It’s that family unit that is the basis of J.J.’s lessons on educating kids about healthy financial habits and Teaching Kids to Buy Stocks.

J.J. also runs a Registered Investment Advisory Practice in California (https://www.jjwenrich.com/wenrichconsulting)

1:40 Stories and Lessons for Grown-Ups

2:40 JJ Leaving the Corporate World

3:30 Lancey Leaving his Job

5:40 IV Investments

9:04 Leaving the Firm Over Publishing

10:39 Getting his Own Voice Back

11:50 “I Second-Guess Myself All the Time.” - Lancey

12:00 “I Have Multiple Second-Guessing Periods Per Day.” - JJ

13:38 Kareem’s Unstable Employment / Stressing Out

16:25 Elon Musk, Tesla Truck, Paypal Accountability

20:20 Tesla’s Showcase of the Truck / Shattered Window

24:40 Pickup Trucks Discussion

29:00 Teslas are Boring

30:52 Talking Stocks

32:30 Mutual Funds

35:40 Out Performing, Sell-Offs

37:40 60/20/20

39:18 Being More Active with Your Portfolio

43:40 Investors Business Daily

45:10 Macy’s & JC Penney’s Online Platform

49:00 JC Penney Sucks

49:20 Amazon Adapting as Retail is Dying

Connect with Amer and BNOS:

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No one but Kison Patel would think, hey maybe I should buy this methadone clinic for $1.5 million. And in three months, Toronto sells it for 3.5 million. This dude almost had that deal in the bag, and then the financial crisis hit. And that's when he really got going.  He moved on his way to M&A software, domain name marketing, etc.  But he goes into talking about product validation and product distribution. And what he's been learning is, don't just create your harebrained idea and think everyone's going to love it. No work backwards, reverse engineering, get the people on the phone, talk to them, find out what really bugs them, what could really solve their problem? We go into detail around all of that, above and beyond all the M&A stuff. So sit back, relax and enjoy learning a whole lot about M&A.

SHOW NOTES

02:48 Going into Real Estate

05:58 P&L's

09:40 Business Broker Learning

13:19 Trans-Atlantic Investment Advisory

14:45 Selling Gas Stations

17:04 Selling Hotels

23:20 Getting Stiffed on Selling Property

24:40 Working With Corporations

25:42 Letter of Intent, Indicator of Interest

30:10 Becoming an M&A Pro

31:17 Amer's Restaurant Fax Machine

33:40 Selling a Methadone Clinic

37:38 S1 Filings

41:30 Lending to Freddie Mac, Foreign Markets

43:00 Losing Book Value

45:00 Damaging Social Networks

48:55 Wild Disclosures in S1 Filings, 100 Websites

53:05 Marketing Through Domain Names

56:15 Findbanker.com 

59:05 Kison's Podcast

01:01:25 The Website's Failure

01:03:42 Feature Creep

01:57:20 Content Ink, Learning Distribution

01:05:33 Don't Assume

01:11:50 Product Validation

01:17:38 What is M&A

01:22:27 Bayer Buying Monsanto, Roundup

01:35:25 M&A is Complicated

Connect with Amer and BNOS:

Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2

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What up BNOS peeps,

SHOW NOTES

03:58 Passion: Design

10:55 Agile Mergers and Acquisitions

12:50 Finance Rewards Inefficiencies, Corporate Development

15:30 Amazon Buying Companies

19:03 Disrupt Yourself or Die

20:25 Kison Patel

21:33 Growing Up in Nebraska

22:25 Amer Working at a Gas Station

25:32 High School/Immigrant Parents

32:00 Owner's Mentality

38:36 Kison’s Path Into M&A

39:20 Amer's Parents

43:02 Getting Kicked Out of College

44:05 Working at Subway

46:45 Excelling at What You're Doing

51:20 Having a Vision

Connect with Amer and BNOS:

Visit the BNOS PODCAST: https://podcasts.apple.com/us/podcast/business-news-and-other-%24/id1438358922?mt=2

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The most gangster episode when it comes to personal and powerful mindset changes. Michele Kehrer. Founder and owner of Balance Chicago (https://balancechicago.com/). We got into it with a Michelle. She’s a super positive and powerful person. This woman had cancer not once but twice. extremely powerful story about her saying I'm not going to give up and continuing to work through her chemo through her remission.

Meanwhile, she also racked up a whole lot of debt while she was investing in herself and in her business. The woman has come out of it with huge rewards.

She teaches us about networking, how to set company goals, how to make sure your day to day role changes as a leader and as an owner.

Sit back, relax and learn a lot here. Peace, y'all.

0:36 investing in yourself

8:47 How has cancer experience affected your business?

16:23 Post cancer business plan

20:40 Second round of treatment

24:11 Value of not closing yourself off

29:18 Conquering $250k in credit card debt

32:05 Savings plan for her business

34:26 Goal setting

35:00 Staffing lessons

37:47 Freedom is the most important reward

48:43 Networking vs. Media, Finding New clients

Connect with Amer and BNOS: 

Visit the BNOS Website: http://amerabdullah.com/ 

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