Katalyst Minds

This episode marks the beginning of our conversations about economic theories. Business and politics are often intertwined and a result many economic theories have been proposed to solve some of the issues were are currently dealing with in the world today.

In this episode we explore capitalism. We identified the pros and cons of capitalism and we also discussed a very controversial question "should children be able to inherit their parents wealth?"

I hope you guys enjoy this episode!

In this Episode we discussed different entry levels and wealth building opportunities. Specific industries that we believe have the most potential. We also touched on how big corporations like JP Morgan are working on reducing the wealth gap and Trump’s Platinum plus plan.

Individualism is a social theory favoring freedom of action for individuals over collective or state control. As Chris stated in this episode we are entering the age of the collective which makes it more difficult for people to be who they are. As it becomes increasingly more difficult to build individuality and distinguish yourself from others, more emphasis needs to be placed on topics like this. Be Yourself! This is important in all aspects of life and especially in business.   Just because you are a part of a specific demographic does not mean you have to act a certain way, talk a certain way, or even live up to certain ideas. It is ok to be unapologetically yourself regardless of the circumstance (granted you’re not harming anyone else in the process).   

In this episode we also spoke about embracing the negatives in life. It is good to always have a positive outlook on life (it is actually recommended), but don't suppress the negative aspects.   

Thank you for tuning into this episode!  Follow Blackatalyst on Instagram @blackatalystmedia  Feel free to email or dm us any topics you want us to talk about or any entrepreneurs you would like us to connect with. Let's get this money!

Critical thinking is a skill that is often overlooked in society today. It is easy to come to the conclusion that you are well versed in a topic just because you have seen a series of videos on a social media platform about a specific topic. Everything is not always what it is seems. It is becoming increasingly more imperative, as fake news spreading like a wildfire , that people are doing their own due diligence.

We also live in a world right now where people get "canceled," for having a view that does not align with the majority. In some cases this is not always a bad thing because diversity of thought is very important and all opinions should be allowed to be expressed regardless of how wrong you think a person is. If you seek no opposition in life you are limiting your own growth because without resistance there is no way to get stronger.

In this Episode we also discussed the TikTok and Oracle deal. TikTok is quickly becoming the next big platform. Generating millions of users in such a small time frame. The app was under scrutiny from the president who had the proposed banning the app until TikTok was able to reach a deal with U.S. owned company. Oracle with the help of Walmart was able to arrange a deal that would help the app stay in the app, and ultimately avoid being banned.

Options trading is a great way to amplify your returns. In this episode we discuss some of the basics around options trading. Overall options trading is a very complex topic that we will go more in depth in the future, with real life examples of some of the trades we make.   

In the first segment of the podcast we also discussed Robinhood's valuation increasing to $11.2 billion and how the platform is revolutionizing trading. We also discusses how TikTok is now compensating creators and what that could potentially mean for social platforms overall.  Thank you for tuning into this episode!  

Follow Blackatalyst on Instagram @blackatalystmedia  Feel free to  dm us any topics you are want us to talk about or any entrepreneurs you would like us to connect with. Let's get this money!

In the business news segment we spoke about how the government approved the next wave of unemployment and Airbnb's pending IPO. We also briefly touched on Apple and Tesla gearing up for stock splits and Russia finding a "vaccine."  

In the main segment of the podcast we shared our personal stories of how we got started investing in stocks. We also gave tips that we believe could be beneficial to people getting started in the stock market.

In segment 1 of the podcast we discussed TikTok potentially being purchased by Microsoft, as well as, The Rock buying the XFL for $15 Million.  

We specifically touched on buying assets and not liabilities. It's ok to want nice thing, but you should always weigh the cost. Especially making sure that you're not living above your means. It makes more sense to invest in assets that will help you build wealth than buying materialistic things that will only better you appearance (liabilities).  

In the main segment of the podcast we spoked about one of the biggest questions in the business world. "Is college worth it?" We shared our personal experiences in hopes of it helping someone who is facing the dilemma of whether they should go to college or not?

In this episode we talk about how self-help could be problematic. Oftentimes we get into the mindset of continually wanting to improve ourselves, without actually practically implementing/testing the ways we have already improved.

In this episode we speak with Jamila, a wine specialist at Happy Cork located in Brooklyn. Happy Cork is a Boutique Wine & Spirits Store that carefully curates their selection of Wine & Spirits.  Jamila talks about the motivation behind the store's creation, as well as, some of the logistics behind marketing and running a brick and mortar location.  Follow Jamila: Instagram: @JamilaJenneh  Follow Happy Cork: Instagram: @HappyCorkBrooklyn  Follow Blackatalyst Instagram: @blackatalsytmedia

In this episode we speak with Dr. Ebony who is a licensed psychologist. Dr. Ebony talks about how she debunked the popular myth of “there is no money in psychology,” by finding creative ways to create streams of income.

Dr. Ebony also discusses her motivation for creating My Therapy Cards, which is a deck of cards created to help women of color grow and elevate in the areas of emotional and mental health. I highly recommend you go to www.mytherapycards.com to check out the products either for yourself, a family member, or friend.