35 Burst results for "Chairman"
JP Morgan Applies For Crypto Wallet Trademark Registration
"9 a.m. Wednesday, November 23rd, 2022. JPMorgan applies for crypto wallet trademark registration. It's been the same old story since the dawn of crypto. The problems of dualism and finance always spot on major banks and cryptocurrencies and how traditional finance institutions hate digital assets. Jamie Dimon, JPMorgan CEO, and chairman made a clear previously that he was not a fan of Bitcoin. While diamond has a the post JPMorgan applies for crypto wallet trademark registration appeared first on block anomie.
The Art of Retaliation
"I want to talk about an important principle in politics and it is the art of retaliation, the art of retaliation. Now, this principle came to my mind when Kevin McCarthy said recently, I, Kevin McCarthy, I'm going to remove Eric swalwell, Adam Schiff, and Ilhan Omar from their House committees. Now, we should note that this is a kind of an unprecedented, well, actually, no, it is a precedented step. But it is an unusual step because the general modus operandi, the way of doing business in the Congress is this. The majority party controls the committees. They appoint the chairman of the committees and the committees, by the way, are the mechanism through which legislation passes. Committee is a very important a judiciary committee, the ways and means committee and so on. And the majority party has the majority of members on the committee, but the minority party, in this case, the Democrats in the House would have the right to appoint their own members. But the Democrats decided last time around, to violate this kind of code of etiquette, if you will, and throw a prominent Republicans, notably Marjorie Taylor Greene, offer committee. Oh, she's an extremist. So extremist or not, the point is she's not being named by your side. She was being named by the Republican side. And the fact that the Democrats said, well, we have the power to do it, so we're gonna do it. It was very important and it is very important for Republicans to be like, well, you know what? Two can play at this game.
What's Next for Republicans After Midterm Mess?
"Byron. Do you think people are going to line up to jump on a bandwagon among activists and donors? Well, there are a lot of them who do not want president Trump to either run or to win the Republican nomination. So does that mean they're going to jump on somebody else's bandwagon? I don't know. I do believe at the moment the governor of Sanders is far, far ahead of anybody else. So I think it's entirely possible. Yeah, people will actually actively support candidates in this. That will be the money primary is always important. The consultant primary is underway. I think now let me go to the RNC. It's a unique electorate, a 168 members of the Republican National Committee elect their chair. I like ronna mcdaniel. I think she's done a fine job as chairwoman for four years, and I don't like changing chair people because they ought to be a ministerial offices, not executive offices. In other words, I'm going to be a trustee for the party and running our operations between now and 2024. It's two years away. What do you think? Is she going to win reelection and do other candidates think she will be fair? Because she's awfully close with Donald Trump, but I also think she's very fair. Well, you know, I think it's not simply administrative or ministerial at all. The RNC does make policy. Remember the ill fated autopsy after Mitt Romney's laws. You're the only one, Byron, but go ahead. You're right. Reince priebus was chairman of the RNC at that point. And they went into a lot of them thought, I think I thought illogically, but they thought that Mitt Romney is going to be able to beat the incumbent president and when he didn't, they had this autopsy and said, we're never, ever. This is simply an operations review that we're making. We're not going to suggest policy in the immediately come out and so they have to support comprehensive immigration reform. So it was a disaster all the way around.
Rep. Jim Banks: Pentagon Promotes CRT, Gender Identity 'Insanity'
"There is a very disturbing report out this is the headline from Fox News, Pentagon promotes critical race theory, gender identity, insanity. This is according to a GOP report that was obtained exclusively by Fox News, what's in this report? What can you tell us congressman? But The Pentagon told us that they weren't, they weren't pushing critical race theory, right? The last couple of years, they've been telling us that's not happening. It's not going on. It's completely provable and the report proves it that they've been advancing anti americanism through pushing CRT, other ideologies on our own troops. I've battled back and forth in the armed services committee hearing room with the top admiral and the United States Navy with secretary milley or general milley and secretary Austin, the top leadership of The Pentagon on these issues, it's unsustainable for a country to ask the next generation of young men and women to raise their right hand, take the oath of office that I did to serve protect and sometimes in some cases even ultimately the risk of paying the ultimate sacrifice for our country when we, at the same time, teach our kids and tell our troops that America is inherently evil and racist and that we're dying for this unsustainable as a country and that's why it's so dangerous that they would allow this ideology to creep into our institutions of the military and out among some of our troops who are younger who are enlisted and you're teaching them this garbage. So it's dangerous. We have to do something about it. Now that we had, again, now we have the we will have the majority. It might be a narrow majority, but Mike Rogers from Alabama will be the chairman of the House armed services committee with the gavel, we have to use that authority to force The Pentagon to stop spilling this garbage teaching this garbage pushing this garbage out on our men and women in uniform.
Mark Levin Calls Out Rep. James Comer to Come Onto the Show
"Hopes for this chairman comer but I got to tell you people something I tell you everything Well almost everything The sky commerce from Kentucky isn't he mister producer He's chairman of the House oversight committee America We tried to get him on the show Somebody named Austin whoever that is Said he was very very busy Maybe one day in the future Now this guy comer is everywhere Everywhere But apparently he doesn't like the fact that I call out this Bengali in Kentucky Mitch McConnell apparently he's a McConaughey Apparently he has his head so far up McConnell's ass It's not even funny That doesn't mean he can't do a good job We're going to be watching I hope so so far so good I don't take these things personally but if you don't want to come on here it's because you don't want to talk to millions of you It's not that he didn't take my call I don't call these guys That would be different But you don't want to come on the radio and talk to 14 and a half million people Apparently not He'd rather go on other shows And the only conceivable reason I have for that is these front Kentucky and when it comes to Mitch McConnell he's a coward If I'm wrong about that comer have Austin contact us
Rep. Andy Biggs: The Role of the Freedom Caucus Going Forward
"Congressman when you look at tight majorities in a house like Republicans are going to have So you remember the freedom caucus former chairman of the freedom caucus What role do you think the freedom caucus is going to have and sort of shaping the policy shaping the legislation coming out of a Republican led house Well hopefully we'll have a we'll have a leverage point with the rules because the rules need to be opened up more so more people can participate in this not just for people running both the House and Senate So we can change that I think that by working with our friends on the other side of the spectrum of the Republican Party I mean the Tuesday group for instance we will find that there are ten or 15 major pieces of legislation that we can work on together And get those done and produce those and get them over to the Senate And I think that the freedom caucus is going to have to work on taking the lead role But we're also going to have to be conciliatory as well within the conference But that does not mean you acquiesce and don't fight the Biden regime And I think that's where the freedom caucus is going to be the most powerful because we know how to fight the regime And we're willing to fight it And we can fight it
Ron Johnson: Does Biden Corruption Report Have Russian Disinformation?
"Here's Ron Johnson at a hearing today with Christopher wray the Stassi director Cut four go Have you read sander grassley's and my report on Hunter Biden's corruption Issued in September of 2020 in November of 2020 Have you read those reports I have had a chance to look at it Do you see any sign of Russian disinformation in those reports That would be a hard question for me to answer No it's very easy It's very easy What I would say to you It's very easy answer There is no Russian disinformation That report is completely clean of any interference of foreign influence Although we have been falsely accused including by the chairman of this committee of spreading Russia disinformation But what is this idiot ray mean That would be a hard question for me to answer Says he looked at the reports He didn't read the report No no no no He would only read a dossier handed to the FBI if he could get his hands on another one This is outrageous
Russia didn't take US phone call after Poland missile strike
"The Pentagon's top officer says he tried to get in touch with his Russian counterpart after a missile strike in Poland Joint chiefs chairman Mark milley says his staff reached out Attempts were made no success which raises concerns about high level communications with Moscow in a crisis and a news conference Millie says it appears unlikely either Russia or Ukraine will score a decisive military victory Could Russia conquer Ukraine theoretically Maybe I guess but the probability of that happening is close to zero And it's highly unlikely Russian forces will be booted off Ukrainian land entirely Millie says Moscow's military is suffering badly That plus a potential winter slowdown in fighting could lead to talks on ending the war Pentagon chief Lloyd Austin says that's not up to the U.S. The Ukrainians are going to decide that not us Sagar Meghani Washington
Today We Celebrate Veterans Day
"To listen to this proclamation that Dwight Eisenhower when he was president sent to Harvey hegle. He was the administrator of veterans, the fires, designated him as the chairman of the national veterans national fetchers day National Committee. He said, I have today signed a proclamation calling upon all citizens of our citizens to observe Thursday, November 11th. 1950 fours Veterans Day. It is my earnest hope that all veterans, their organizations, the entire citizens citizenry will join hands to ensure proper and widespread observance of this day. With the thought that it will be the most helpful to coordinate the planning, I'm suggesting the formation of Veterans Day national Veterans Day National Committee in view of your great personal interest as well as your official responsibilities. I have designated you to serve as chairman. You may include the committee membership such persons as you deem to select and requesting that all departments communicate this. And he said, I have every confidence that our nation will respond wholeheartedly in the appropriate observance of Veterans Day 1954. Interesting that the former general had that kind of respect and wanted it to be very well known that Veterans Day was something to be proud of and that is really where veterans that comes from. And what does that mean? I mean, somebody who serves somebody who said, okay, and it's not just, and I hear this comment that they said, well, I wasn't. I didn't go overseas. Okay, that's great. Some other thankfully, most who serve a many times in our armed forces never had to deploy in harm's way. They just didn't. Because either we would not at war or the conditions did not see fit for their job or their units to actually have to be deployed. But they started a very valuable role here on the home front or wherever they were stationed, even across the world.
Anthony D'Esposito: Addressing Education Issues in Nassau County
"One of the biggest right now is education with the kids The CRT stuff in school has even some Democrat parents I know on Long Island Absolutely furious about the CRT and the drag queen story hour stuff This is going to I believe drive an enormous number of suburban mother votes over to our side and the Republican side and could benefit the Anthony D esposito campaign for Congress Absolutely And especially in this district where there's such a heavy population of the orthodox community and a lot of people who send their kids to Catholic school I was a product of shama high school And we have this far left method of trying to push substantial equivalency into our schools where the state legislature actually wants to say that if you go to a private school that means the local school district is going to oversee what's being taught in schools And it's absolutely ridiculous We need to stand up to it And I think I agree with you wholeheartedly It's definitely one of the things one of the issues that we're seeing that the left is pushing both on a state level I mean I know they tried about a year ago and they saw a lot of pushback and then they laid off a little bit And then they pushed it again a few months ago and they saw the pushback They laid off again But make no mistake about it If governor hulk will wins and they keep their majority in the Senate and the assembly they are going to push this right through and shove it right down our throats And we need to stand up to it And we need to stand up to it by sending a clear message throughout Nassau county and Long Island that we are this isn't any more about a Republican or Democrat issue This is about American issues It's about Long Island issues and it's about common sense And thankfully the Republican Party and the team that we have here at NASA county put together by chairman Cairo is the team of common sense
Tom Cotton on the Afghanistan Collaps
"Painful to talk about, but we have to talk about the collapse in Afghanistan a year ago because no one in the mainstream media is legacy media is abandoned the issue. We've condemned a country to darkness. We didn't have to do so. Mike Pompeo has told me you've confirmed we were planning to leave 2500 troops there. It didn't have to happen. With that incompetence, was that design? Was that Joe Biden just living off the fumes of the Obama presidency? Well, I think that the way Afghanistan collapsed last summer was the combination of Joe Biden's rank and competence and his deep insecurity. As I explained in only the strong drawing upon some memoirs at the time, by people like Secretary of Defense bob dates, Joe Biden, in 2009, subjected Barack Obama to what bob dates called Chinese water torture over Afghanistan. And he poisoned the well between Obama and our military leaders. Constantly accusing them of being misleading, of leaking to the press of undermining president Obama in a way that Joe bob dates had he never saw under George W. Bush. May have disagreed. I've seen disagreements between senior military leaders and president Bush. But no mistrust. That's pretty common for Democrats and the military though. But for 13 years, Joe Biden believed that he would write about Afghanistan and everyone, including Barack Obama was wrong. And he had to chip on his shoulder. And he wanted to show everyone in 2021 that he had been right all along. And that's why he disregarded the best military advice of our commander in Afghanistan, our commander in the Middle East, our chairman of the joint chiefs, his own Secretary of Defense, frankly, most of his own civilian advisers in The White House and the State Department. He wanted to show that he was right and had been all along, and he wouldn't listen to the obvious facts about what led to the collapse in Afghanistan. So precipitously, I mean, just 5 weeks before Kabul fail, he was saying there'd be no Saigon like collapse. And this is now as I explained really strong the Afghan effect is going to be as bad as the Vietnam effect was, or at least as long as Joe Biden is president. Let's
Stephanie Welcomes DNC Chair Jaime Harrison
"Now the fine American who is the head of the Democratic National Committee chairman of Jamie Harrison, good morning, chairman. Good morning, Stephanie. Thank you for having me. I don't know what else to say about a party that the head of their party that is mocking a stroke victim. I don't know what to say anymore about just the level of these candidates and these spokespeople for the Republican Party. Well, listen, you know, ronna has so many challenges. You know, she's never met truth. I don't think it's ever escaped her lips. She testified in front of the January 6th committee to see that her committee that she chairs was intimately involved in terms of trying to overturn our election. That's say it. There is no bottom for the Republican Party, and she embodies it. And so, you know, as we say in the south, bless her heart. The worst swipe you can have in the south.
Caller: Paul Ryan Has Lost Touch With the People
"To have red tsunami. I believe God's hand is placed in this state in this country too, especially Oregon. We can imagine if we get three congressional seats, but I want you to look backwards for a second year. Remember the Tea Party movement in 2010 and then the establishment Ryan Ryan and Willard Romney. I am not calling the mittens. They did not push the vote. They came out fundraised, but they never talked to the people. What Trump did and like Reagan, he came and told the people what he's planning to do. Propose and keep in mind Reagan had to deal with the Democrats of Neil and Richard gerhardt and yet he pushed to become a great president just like Trump. The biggest problem with Paul Ryan is just besides him getting a VA check cash and senator and James will Wisconsin that he'd done for his city. He had just lost touch with the people. He had gone away from the man I used to respect they used to go rafting down the rivers of Wisconsin and they were fishing and everything else to a man has become like a Rockefeller Republican establishment trash like Murkowski and would go on down the line even in various parts of my state's representation. But I believe we're going to my governor is going to get elected. And then get three congressional seats out west and you're going to see God stands move like the great awakening has gone about right now from Tennessee all the way to the Oregon coast. We should not live in fear. We should not let them intimidate us. And as I'm going to do as an alternate chairman, I encourage all my oregonians to come out and vote and vote if you need to, come on the last day and take it directly to the county clerks office and vote do not live in fear because fear is tool of the devil.
How John Fetterman's Debate Performance Hurt the Democrats
"Senator from Florida chairman of the national Republican senatorial committee is here to run down the races for us and senator Scott. Let me begin by applauding you. You patiently plotted through a withering barrage of consultant criticism because if you weren't using them during the summer and now the Republicans are set to regain the majority in the United States Senate and it's because of your leadership. So thank you. You've done a great job. Are you very nice, but we've got great candidates. They run great races. You look at their debate. All of them have done a great job in their debates. And Biden's not gotten any better. And the democratic candidates have to defend the Biden policies, and they're not defensible. Let me begin by saying, I'm going to put in the win column. Pennsylvania, Ohio, North Carolina, and which content. I'm going to talk to senator Johnson a little bit. We all saw last night's meltdown by John fetterman. JD was on yesterday. He's winning comfortably in North Carolina, Ted bud's winning comfortably. Question about that. Do you believe that John fetterman's performance last night hurt Democrats everywhere? Because I do. Oh, absolutely. I think this is what they've done. They've come across as radical candidates. They've come across as half of the tribe. They can't defend Biden's policies. They try to change their policies and act like they're somehow bipartisan, middle of the road, things like that. And if everyone's just actually the least example, I mean, he took it chase the position on fracking change his position abortion changes position on crime, changes position on basically everything they ask. And so I think that's what people see it. And that one was a significant national people a lot of people watch that. And what they're seeing is a Democrat. I mean, they don't have a, they don't have, they don't have anything. There's nothing that they can brag about. I
Rep. Ralph Norman: Feds Should Not Get Involved in Elections
"You're right. I'm so encouraged, I've said earlier this morning, congressman, it's almost like it's too good to be true based on some of the numbers that we're seeing on races all around the country. I mean, when you have a New York congressman in trouble whose chairman of the democratic congressional committee have an adopt another 600,000 dollars into his own campaign from the DCC, you know, that kind of tells you where we're headed, I hope. I think it does. And I think you look at all around the country. It's encouraging. But I will tell you what's very upsetting to me when you have a president of the United States back in March issue an executive order for all the governmental agencies to get involved to encourage voter participation. That's not what the agencies are for. It's against the constitution. That's left for the states. It's very concerning, but, you know, I think the sheer numbers this time people that have not voted before will come out. And what have the Democrats got to run on positive? I mean, look at it. They can't run on reduced crime. They can't run on having Americans having the luxury of price reductions. They can't fill the gas. The cart with gas and have any type of relief. I mean, I don't know what they run on, but they're trying to have make words into reality. And it's not going to happen.
How Do We Take Out the Republican Establishment?
"Lot of you email us repeatedly freedom at Charlie Kirk dot com Charlie. How do we take out the Republican establishment? Look, the Republican establishment, they've been there for quite a while. They have been very powerful. They raise a lot of money from corporate interests. So we need to pick our fights wisely. And a winnable fight and the first kind of step to being able to take back the Republican Party is to excommunicate one of the worst members of the House someone who has voted for all of the rhino policies challenging Donald Trump at every single turn. This guy proposed centering Donald Trump over January 6th. He voted for the COVID-19 hate crimes act, which would allow the Department of Justice to have more power. He voted yes on the LGBTQ business equal credit enforcement and investment act. He has an he only has an 80% reading rating from the ACU, the same as Liz Cheney, there are hundreds of Republicans with higher ratings. So this guy, he went after Donald Trump for foreign aid and all of this, but he's a very powerful person. And he runs an organization called the NRCC, the national Republican congressional committee. Now they raise a ton of corporate money to go help certain candidates. But guess what? They go help the rhinos and the moderates over helping the grassroots conservatives. And so the NRCC he's the chairman of the NRCC is kind of the establishment machinery. Now this guy, his name is Tom emmer. You probably never heard that name for you. Who's Tom emmer? You probably know at least stefanik or Kevin McCarthy or Steve scalise or Jim Jordan. You've never heard of Tom emmer. Tom emmer is one of the most powerful people in Washington D.C. you've never heard of. And Tom emmer is doing everything he possibly can to hold on to power.
Rep. James Comer: Dems Better Remember What Contempt Is All About
"To get your reaction to my might of this the ruling that came down, Steve Bannon, four months in prison, a $6500 fine for being in contempt of Congress. Well, this is what I'm going to say about that. The Democrats better remember what contempt of Congress is all about because in January, I'm pretty confident we're going to be in the majority. I'm pretty confident. I'm going to be the next chairman of the House oversight committee with full subpoena authority. And if some of these Democrats that we're going to subpoena that are involved in Hunter Biden's shady business dealings and have been protecting Doctor Fauci and have been protecting mayorkas on his lack of border security, if they don't comply with these subpoenas, then they're going to be held in contempt of Congress. So that was a very bold move for the Democrats to do against the event and I'm not going to comment on it because I'm going to be probably unfortunately having contempt of Congress votes too. If Kevin McCarthy will let me, if these people don't comply with our subpoenas. So the January 6th committee, as you know, Todd wasn't a legitimate committee, the House oversight committee is a legitimate committee.
Steve Bannon Speaks Out Following Conviction
"By the way, I want to say one thing. I respect the judge, the sentence he came down with today is his decision. I fully respect I've been totally respectful as his entire process on the legal side. I also want to make one other statement before I talk about a broader topic. More than any person in the Trump administration. I testify before the Mueller commission for more hours. I testified in front of a shift in the House intelligence committee, more than any other person in the Trump administration. I testified in front of the Senate intelligence. I think more than all about the issues related to Russia gate to all of that. The same process every time. I had lawyers that were engaged. They worked through the issues of privilege, and at that time I went and testified. And this thing about I'm above the law is an absolute and total lie. Now, more importantly, more importantly, the judge, today was my Judgment Day by the judge, and he stayed for the appeal and will have a very vigorous appeals process. I've got a great legal team of the multiple areas of appeal. But as that sign says right there, can we have the vote sign? On November 8th. On November 8th. On November 8th. There's going to have judgment on the illegitimate Biden regime and quite frankly and quite frankly that Nancy Pelosi and the entire committee. And we know which way that's going. Either they've already been turfed out like Liz Cheney right or if quit like kinzinger and other Democrats or they're about to be beaten like luria and others or they will lose their power and becoming a minority in Nancy Pelosi and Tom chairman chomps with all of it.
"chairman" Discussed on WBAP 820AM
"I was the Acting chairman of intelligence. I'm now the vice chairman of intelligence. I've been tracking this very, very closely. And just going back to the beginning of this year. Uh, I can just Obviously, I can't quote the titles of the pieces, but let me suffice it to say that there are numerous pieces that would be categorized as it's going to hit the fan. There you go. Down. Wow! Scott Miller had to be also told everybody in, the Pentagon told, Millie told everybody told, Austin told everyone you know we should not be pulling out of Afghanistan and he stepped down in July, which is about the same time the same month. Certainly In which President Biden was on the phone convincing then president of Afghanistan to help him lie about the situation in Afghanistan. 866 90 red, I shall recently launched Shell Rotella T 6 15 W 40 full synthetic. Megan Pino is Shell Rotella Global brand manager and tells us what was behind the development. And more about the product. We are excited to launch this new full synthetic shell. Rotella t 6 15 w 40. This is the first time we have a full synthetic in 15. W 40 viscosity range. We know that truckers love 15 w 40. That is the primary viscosity grade used in the U. S and Canada and really in many parts of the world as well. So our customers can enjoy some of the benefits of a cold temperature properties, low temperature and high temperature, allowing for the oil to flow faster into the engine and protected better. Having a full synthetic also allows for extended drain opportunities for those that are trying to push the limits a little bit, But we always recommend following their manufacturer recommendations and doing oil analysis to ensure that they are changing when appropriate. More gotta Rotella dot com This engine report is a service of shell Rotella. Get in touch with what I radio toll free at 866 the red eye..
"chairman" Discussed on Axios Today
"Go too far. That's the question in washington. After newly released excerpts of the latest book from bob woodward robert costa are calling into question milley's role during the trump administration actress's political reporter. Jonathan swan has been reporting out what he's learned about. Not just the chairman of the joint chiefs of staff mark milley but also then defense secretary. Mark esper- hi jonathan. Can you tell us what this is all about. Like many of the other trump books that have already come out and our reporting and axios. They detail very serious. Intense concerns that the chairman of the joint chiefs of staff mark milley had in the final days of the trump presidency and certain actions. He took to try and in his mind. Safeguard the republic from the commander in chief. But this two phone calls in particular which Getting a lot of attention. Day between millie and his chinese counterpart news on october thirtieth and january eighth and in the would cost her account. Milly reportedly dev's assurances to the chinese general that trump is not going to attack china and that if trump was to attack then millie would give his chinese counterpart a phone call effectively. A secret heads up. We have corroborated that he he did. Have these phone calls with the chinese general. The pot of it. I haven't been able to confirm is that he would give them a coal in advance of an attack which would have would be an extraordinary thing for a military latest or do what does your reporting show about the role of then defense secretary mark asper in all of this as well what i gathered from multiple sources who were involved in this in mid october last year top pentagon officials started to the chinese leaders were consuming really bad intelligence. That suggested that trump might do a surprise strike against china before the election. It was defense secretary. Mark s bah. Who is worried. The chinese will misreading the situation and that this could lead to an unintended war between the two nuclear powers so he tells his policy office. Listen guys go send it back channel message to the chinese reassure them. Don't over read what you're seeing in washington. We've got no intention to attack this happens. The officials involved thought the chinese received the message. Well and then general milley followed up later in the mountain fishes. The october thirty coal by calling his chinese canopus to reiterate the message. One rinku here is. It's unclear whether anyone at the pentagon told president trump all the white house. What they were doing. The white house is defending. Milly he's going to have a very very brutal hearing on capitol hill on september. The twenty eighth. he's he's due to face the senate services committee you're going to see extremely hostile questioning particularly from the republicans about what milly dido didn't do dido didn't say behind the scenes in the final days of the trump.
"chairman" Discussed on WSJ What's News
"Chairman jerome powell unveiled a new strategy a year ago in which the central bank would keep interest rates lower for longer since that time. We've seen the biggest inflation. Spike in decades with consumer prices rising five point four percent in july from a year earlier. So what should we expect to hear. From fed policymakers for some insight into the thinking at the fed we're joined by our chief economics correspondent nick. Tim rose nick. It's always good to have you here. It's great to be here mark nick. This conference begins when we're starting to see the impact of the delta variant in some parts of the economy such as travel for example. What's the feds outlook for the impact of delta on the economy. That's actually going to be a big question. Perhaps that chair powell will answer in his remarks on friday. I don't think anybody expects a sweeping policy change in the meeting. But it's kind of a case in point of the impact of delta a week ago. The kansas city fed which hosts this conference was planning to do it. In person they were requiring vaccinations for all attendees and late. last week. On friday afternoon The kansas city fed announced that they would scrap the in person conference and that they would do all virtual format which they did last year. So it's going to be hard for the fed to completely dismiss the impact of delta after the july meeting of the rate-setting committee chair pal did say that. The fed thought each successive wave of virus infections was having less and less of an impact on economic activity because we are learning to live with this thing. But it'll be interesting to see whether he modifies that view at all in his remarks on friday and so from your conversations with your sources is an interest rate hike announcement even on the table. No an interest rate hike discussion is not something that the fed is having right now. It's not something that they will talk about this year It's it's something that some members of the committee want to talk about for next year but what is on the table right now is something else. The fed has been buying one hundred twenty billion dollars a month of long term assets which is a way that they provide stimulus to the economy. Once they've already pushed interest rates down to zero and the question right now is one will. They begin to reduce the monthly pace of those hundred twenty billion dollars a month in purchases. What they call tapering. Those purchases and that is alive discussion The fed in their meeting last month. Talked about reducing our tapering. The purchases at some point this year and so there's a question as to whether they will signal that more strongly their september meeting next month. That's their next scheduled meeting or whether they will do something later in the year at their meetings in november or december and along those lines. What are some of the arguments that we may hear from the kansas city meeting and even beyond to tighten policy. Well there are two general camps one that says look The economy right now is being hit by supply shocks and so that's what's slowing growth and pushing down mortgage rates and encouraging people to go buy cars when prices are going up because builders can't build enough they don't have the materials they need when there's a shortage of semiconductors that are holding back that's holding back car production we really don't need to stimulate demand right now with these asset purchases and in fact a number of officials on the committee think that the purchases may be doing more harm than good then. There's another campus says. Well no we said we would continue these purchases until the economy made substantial further progress towards our employment and inflation goals and the labor market still needs to heal. And so we need to. We need to do what we said we would do. And continue with these purchases and so the trick for chair. Powell here is to find a consensus where he keeps enough people in both camps. Happy enough with the path forward and nick. Obviously economists are weighing in on this. But what about the white house itself. Does the biden administration see. Eye to eye with the chairman's approach. I mean it's still not known if he will be asked to return for a second term so far. The fed has really stuck to this view. Chair pal stuck to the view that these inflation pressures should reverse themselves over the next year. I think the fed has probably changed. Its view that originally. They were suggesting that this might be resolved in a matter of months. And they've backed away from that and that matches what the biden administration has been saying to. So there isn't any daylight so far on the inflation outlook between the fed chair in the white house and you know the more uncertain things get in the world. You look at what's happening in afghanistan and all the other problems that vitamin nistration has to deal with that would argue probably at the margins for maintaining the status quo with the fed chair who remains popular with both parties for the most part on capitol hill and in the markets. But it's not something that has been decided and it's not clear that president biden is going to make a decision until later in the fall There's a big fight coming on the debt limit. And it's possible that that doesn't get resolved until october and so that may push any decision on the fed chair and the other open positions Into october november. Nick tim rose thank you. We'll look forward to your reporting. Thanks so much. Mark.
"chairman" Discussed on Behind the Prop
"Robber. Why don't you just give us a little brief I don't know three five minute Synopsis of your career. How how do you go from from a high school kid to becoming chairman of the national transportation safety while that's a great question. I've been wondering the same thing for a number of years so I i've i've been extremely fortunate You're right. I did start flying in high school By the time. I had graduated from high school. I i had my private and then of course went to college a few months later and i marched into the dean of students office after i've been at the university for just about three weeks in explain to him why we needed a flying club and then he sat down and proceeded to tell me all the reasons why that was not going to happen and on the way out and by the way this was the university of south carolina and on the way out. I said gosh. I just thought since clemson had flying club since one thousand nine hundred ninety eight i thought south carolina needed one and He said Sit back down young man and within about five months we had our first airplane For those who are not That aware is you can imagine having to state supported schools in a tiny state. There's quite a rivalry between those two between those colleges unfortunately clemson as the one with the with the football team the question is did clemson really have a flying club. Well you know as a seventeen year old. I was probably known to exaggerate things a little bit. But but to the best of knowledge. I think they they did so high school. What what what's next were you. You became a pilot of course next career that led you to the ntsb. Yeah i did. Of course fly all through college and i was hired by the university To be their pilot when they bought a brand new piper navajo chieftain in nineteen. Seventy nine had not finished school yet. But i was doing school and flying full time for the university. I flew there for two years. And then in february of eighty one got hired by p modern lines which of course got bought by by us air us
"chairman" Discussed on WSJ Tech News Briefing
"You may remember back in january that the video game retailer game stop saw a huge jump in its stock price and that price rise was due to individual investors organizing on platforms like reddit and twitter. Who bought up game stop. Shares in encouraged others to do the same with the goal of boosting the stock value and damaging shortsellers. Who'd bet against the company. The flurry of activity caused the stock price to jump from around eighteen dollars. A share to a high of four hundred eighty three dollars at one point in the midst of this chaos a former outsider who'd been gathering power within the company would seize the moment to effectively gain control over the retailer as the dust. Settles around game. Stop ryan cohen has emerged as a chairman with enormous sway over the company. Our reporter sara nadelmann has been covering coen's rise within game stop and she joins us now to discuss. Hi sarah hi so sarah. There's been a lot of news about game stop. But i wanna take a step back. Tell us about game stops history and what position it was in twenty nineteen when ryan cohan. I came onto the scene. While gifts off is a prio company was founded back in nineteen eighty-four under a different name When public in two thousand two and over the years it's done very well but more recently things have changed. People are starting to download games or even starting to stream games like they do with a netflix films. And that's certainly put pressure on the company's bottom line and then certainly the pandemic Did a number on it like a differ many retailers alright in twenty nineteen cohen. It takes a stake in game. Stop where did he come from. Cohen was known for having co founded and served a ceo of chewy the pet supply. Ecommerce company He sold chewing twenty seven to two larger competitor for three point three five billion dollars and then after that he started making investments in one of the companies. He put his money into his game. Stop as an investor. He was pretty open in some of his criticism. Rate in november twenty twenty sent a letter to game stops board and he was pretty critical of the company. He pointed out that it was one of the most heavily. Shorted stocks in the market He said that changes to innovate and become more tech. Centric were happening too slowly and he criticized the company's leadership and so i definitely made it known that he thought game stop needed to undergo a faster transformation to survive. As more and more people started buying games digital age straight to their downloading. You've straight to their consoles in. Pc's and phones rather than going into game stops brick and mortar stores and buying hard copies all right in twenty nineteen. Cohen was offered a seat on the board but he turned it down. He does eventually join game. Stops board though right. Initially they offered him a loan a seat on the board but he wanted to come on with at least two of his associates say he would have more sway in decision making and so come january he had sternly made a name for himself with a the board by sending a letter letting them know his thoughts on the company's performance and his ideas for improving it and so they extended a board seat with two associates that he brought on with him and therefore he was able to get what he wanted and does he start pushing through any of the changes. He wanted to see at the company. Yes pretty much right. After joining the board. He pushed for the formation of a committee that would focus on the company strategy for hiring and spending. And that's when he went about looking for talent at companies like amazon google zoo lily and of course chewy because he wanted to bring in people with tech savvy. An e commerce savvy in particular. How did game stops board at the time and executives working there react to this because it does seem like the company was struggling and maybe needed some changes. Initially the board and the management team were pretty open to mr cohen. There were some exceptions but generally. They're all well aware that the company was struggling. That was no secret and he had this background. Having built and sold chewy that made him an attractive potential recruits. There was some pushback from some board members according to my sources but he did come on board. He was voted on and as soon as he came in he started making his presence very known and over time the relationship between him and the existing board and c. suite soured or during this time we have the start of the meam stock saga with all these individual investors pushing up the share of game. Stop how did that moment help. Ryan cohen this definitely gave ryan some leverage because it was clear to the board management that he had a lot of clout among the company shareholders. From the time he began investing in the company but especially when he sent that letter november to the board. You could see game stops. Shares slowly increasing and the chatter about him on social media was also increasing in tandem. They found him to be somewhat of a almost like a white knight potential savior allies investors are game enthusiasts and really liked. Brian's approach to turning the company around one of my sources said he personified a hero against the hedge funds and so that religious shows the clout he had among this group of people that was very very powerful because there's a large number of them and as we saw with the stock popping they really pushed share price up. We saw the stock. Go up and down about one hundred dollars for five days straight. And it's still more than atholl what it was at the beginning of the year. Okay we're now more than half a year passed when the meam stock investors turned their attention to game stop. what position is ryan cohen. In now and what position is the company in o. Ryan cohen is now chairman. Just about everybody that was on the board prior to him. Joining is now gone. And the c. suite is completely changed. The doesn't necessarily mean. The company's trajectory is changed. But mr cohen has made his markey's created a new facility for customer service and florida previously on. My customer service was outsource overseas as we know he's hired a whole bunch of new executives with tech experience. We have a new. Ceo a new cfo. A lot of the new hires com from companies like amazon chewy a google. And so he's really going down this path of prioritizing online sales over brixham motor sales which is the latter had always been game stops bread and butter so this is a shift and he has said that he has other plans for the company but he's been pretty vague as to exactly what those are. I guess that leaves us with the obvious. Question given all the changes given its role as the most well-known memes stock. What is the future of game. Stop the future for game. Stop is a big question. Mark only time will tell if the changes that mr cohen has been making and future once. He's a alluded to will have a positive effect on the company's bottom line right now with the delta variants spreading and encouraging people to put basques back on when they go indoors. It's possible that e commerce will play a more important role once again for game stop in the future and we also have the the newcastle's from microsoft and sony. They came out last year. They've been in short supply but those companies are working to bring more of them to the table and that could be a potential boon for game. Stop as it sells the machines itself and also games go with those machines. All right. that's a reporter. Sara nadelmann sarah. Thanks for joining us. My pleasure and that's it for tech news briefing. This week or supervising producer is kristen's Our executive producer is qatari. Ogm and i'm your host zoe. Thomas thanks for listening and have a great weekend..
"chairman" Discussed on The Breakdown with NLW
"Link to the speech in the show notes. So you can read it but let's just share a few of the sections i. It's clear that he's admirer of satoshi and bitcoin. I'm going to read a small sample from the beginning of the speech. He says it was halloween. Night two thousand eight in the middle of the financial crisis wants a toshi. Nakamoto published an eight page paper on cipher punk mailing list that had been run by cryptographer since nineteen ninety-two nakamoto. We still don't know who she he or they were wrote quote. I've been working on a new electronic cash system that's fully peer to peer with no trusted third party. Nakamoto had solved to riddles the head. Dogged these crypto and other technology experts for a couple of decades. I had a move something of value on the internet without a central intermediary and related -ly how to prevent the double spending of that valuable digital token subsequently his innovation spurred the development of crypto assets and the underlying blockchain technology based upon nakamoto innovation about a dozen years later. The crypto asset class has ballooned as of monday. This asset class purportedly is worth about one point six trillion dollars. With seventy seven tokens worth at least one billion each and sixteen hundred with at least a one million market capitalization before starting at the honor of researching writing and teaching about the intersection of finance and technology at the massachusetts institute of technology is included courses on crypto finance blockchain technology and money. In that work. I came to believe that though there was a lot of hype masquerading as reality. In the crypto field knock komodos innovation is real further it has been and could continue to be a catalyst for change in the fields of finance and money and quote. So it's clear that this is a guy who understands the roots of this space. What makes it different. Why it's valuable how it fits into the internet ecosystem and the historical nature of this innovation. This is not a johnny come lately political opponent and shouldn't be treated as such. But my second take is that i do think that the thorny issues of what's the security and what's not are back to the forefront here in his speech genzer says effectively that he believes most tokens securities quote. I think former. Sec chairman jay clayton said it well when he testified in two thousand eighteen to the extent that digital assets like initial coin offerings or ico's or securities. And i believe every. I see oh i have seen. As a security. We have jurisdiction and our federal securities laws apply. I find myself agreeing with chairman clayton..
"chairman" Discussed on CoinDesk Podcast Network
"Link to the speech in the show notes. So you can read it but let's just share a few of the sections i. It's clear that he's admirer of satoshi and bitcoin. I'm going to read a small sample from the beginning of the speech. He says it was halloween. Night two thousand eight in the middle of the financial crisis wants a toshi. Nakamoto published an eight page paper on a cipher punk mailing list. That had been run by cryptographer since nineteen ninety-two nakamoto. We still don't know who she he or they were wrote quote. I've been working on a new electronic cash system that's fully peer to peer with no trusted third party. Nakamoto had solved to riddles to head. Dogged these crypto and other technology experts for a couple of decades. I had a move. Something of value on the internet without a central intermediary and related -ly how to prevent the double spending of that valuable digital token subsequently his innovation spurred the development of crypto assets and the underlying blockchain technology based upon komodos innovation about a dozen years later. The crypto asset class has ballooned as of monday. This asset class purportedly is worth about one point six trillion dollars. With seventy seven tokens worth at least one billion each and sixteen hundred with at least a one million market capitalization before starting at the honor of researching writing and teaching about the intersection of finance and technology at the massachusetts institute of technology is included courses on crypto finance blockchain technology and money. In that work. I came to believe that though there was a lot of hype masquerading as reality. In the crypto field knock komodos innovation is real further it has been and could continue to be a catalyst for change in the fields of finance and money and quote. So it's clear that this is a guy who understands the roots of this space. What makes it different. Why it's valuable how it fits into the internet ecosystem and the historical nature of this innovation. This is not a johnny come lately political opponent and shouldn't be treated as such. But my second take is that i do think that the thorny issues of what's the security and what's not are back to the forefront here in his speech genzer says effectively that he believes. Most tokens are securities quote. I think former. Sec chairman jay clayton said it well when he testified in two thousand eighteen to the extent that digital assets like initial coin offerings or or securities. And i believe every. I see oh i have seen. As a security. We have jurisdiction and our federal securities laws apply. I find myself agreeing with chairman clayton. You see generally folks buying. These tokens are anticipating prophets. And there's a small group of entrepreneurs and technologists standing up in nurturing the projects i believe. We have a crypto market. Now where many tokens maybe unregistered securities without required disclosures or market oversight and quote in many ways. This is the set of statements that i saw the biggest divided. Line around the crypto lawyer. Who said this was totally to be expected. Were effectively saying he's literally agreeing with what his predecessor said. The people who are frustrated are those who have said that public statements. Like that of clayton do not a regulatory framework make and that an inordinate amount of time has gone into asking. Sec lawyers to help crypto project lawyers who are representing very different types of organizational structures than traditional corporations to shape a real framework for figuring out. What's a crypto security and what's not lending credibility to that point is the fact that we've had all of these various heuristic come up. Over the years and speeches the phrase sufficient decentralisation comes to mind which served more to obfuscate confuse effectively leave crypto companies to guess many have pointed out that the sec's way of regulating has effectively been through enforcement rather than providing upfront guidance. Flipside is of course to lend credibility to the conservative interpretation whether we like it or not. There is being super clear on his. Take many if not. Most tokens are securities and hence under their jurisdiction. However don't expect that. Take just to be abided though. I asked commissioner hester purse to comment on twitter and she wrote nice to see gary gansler addressing crypto issues but the existing securities laws. Don't work well. For certain aspects of crypto and people's freedom to interact using new technology has produced the innovation at the core of our prosperity. Looking forward to working. Together that is a very pleasantly put. Hell of a statement. Commissioner purse has continued to advance. Proposals for token safe harbors for good faith teams to interact with the sec. So if you want some hope him maybe just. Maybe there's a little bit of good cop. Bad cop where gary is saying how tough they're going to be so he can also have more credibility to open some more room through something like commissioner purses safe harbor proposals later. There was also this fiery tweet from cftc commissioner brian quintas who wrote jus- or all clear here. The sec has no authority over pure commodities or they're trading venues whether those commodities are wheat gold oil dot dot dot dot or crypto assets. With all of this. I tend to agree personally with some of the comments. I read before that there is clearly at least a bit of territorial assertion. Here obviously folks in the sec and the cftc are reacting but there's another whole side of this that. I think maybe more of a silver lining or a bright side than initially. it appears. Let's go back to what roy murray said. He tweeted the geezer speech. Read more to me like someone remarking their territory. Post a heavy-handed intrusion from treasury this week via the infrastructure bill than anything immediately overtly hostile. They've been doing years of work and don't want to lose that to some midnight provision. So what might roy be referring to. Well there's a bunch of things. I what he mentioned this last minute provision in the infrastructure bill which is clearly not the right way to regulate crypto. Second don't forget that. Seemingly out of nowhere congressman don byer. Who had never seemed to care at all about crypto dropped this massive comprehensive legislation that super focuses on authorizing central bank digital currency and making stable coins legal only subject to the department of the treasury. That had representative tom. Emmer someone who has spent years focused on blockchain issues up on coin. Tv yesterday speculating that the treasury department effectively put buyer up to it. And then of course. You have elizabeth warren who is totally trying to shift the narrative. As i mentioned yesterday gins there is coming from a standpoint of investor protections. he doesn't want uninformed investors to lose their shirts on volatile bullsh- even if we disagree with him about one what rights investors should have to lose their shirts and to what constitutes volatile bullsh-. There's no part of his assessment. That says this whole thing is a net negative and we shouldn't have it exists. Refer back to his comments on satoshi or if you will look at what he says about bitcoin. Etf he effectively says that an etf would help address issues of consumer protections and so there are many who interpret this as at some point. We're likely to get a bitcoin. Etf as a way to pull everything into this larger regulatory framework and indeed. I think when..
"chairman" Discussed on The High Functioning Hotspot
"Voids. Always <Speech_Male> a treat to spend time <Speech_Music_Male> with you. You've <Speech_Music_Male> been an important <Speech_Music_Male> on my life. <Speech_Music_Male> And i only look forward <Speech_Music_Male> that the mall <Speech_Male> wage. You'll we'll <Speech_Male> get interactive <Speech_Male> future. Who <Speech_Male> knows we <SpeakerChange> might even <Speech_Female> meet in person day. <Speech_Female> I know <Speech_Female> i've <Speech_Female> been known to make an appearance <Speech_Female> in new york. <Speech_Female> So i <Speech_Female> hear the city's coming <Speech_Female> back. I'm <Silence> looking forward <SpeakerChange> to that. <Speech_Male> <Advertisement> <Speech_Music_Male> It is indeed. <Speech_Male> <Speech_Male> thanks <Speech_Female> again <Speech_Music_Female> bye bye. <Music> Ooh <Music> <Music> <Music> <Speech_Music_Female> <Speech_Music_Female> my goodness <Speech_Music_Female> what. An incredible <Speech_Music_Female> conversation. <Speech_Music_Female> Jimmy can <Speech_Music_Female> is just one <Speech_Music_Female> of those people <Speech_Music_Female> wear. I <Speech_Music_Female> just can't believe <Speech_Music_Female> that. He takes the time <Speech_Music_Female> to just chat <Speech_Music_Female> with low old need <Speech_Music_Female> but he does <Speech_Music_Female> and <Speech_Music_Female> always thankful for <Speech_Music_Female> everything. He shared with <Speech_Music_Female> incredible energy. <Speech_Music_Female> Incredible <Speech_Music_Female> insights <Speech_Music_Female> knowledge. What <Speech_Music_Female> compassion. <Speech_Music_Female> I hope that you <Speech_Music_Female> enjoyed that conversation <Speech_Music_Female> as much as <Speech_Music_Female> i did. And <Speech_Music_Female> if you have <Speech_Music_Female> <Advertisement> comments <Speech_Music_Female> <Advertisement> et <Speech_Music_Female> <Advertisement> cetera. I hope <Speech_Music_Female> <Advertisement> that you'll put in the comments <Speech_Music_Female> <Advertisement> section <Speech_Music_Female> <Advertisement> or if you wanna <Speech_Music_Female> <Advertisement> lake common <Speech_Music_Female> <Advertisement> certainly subscriber <Speech_Music_Female> <Advertisement> share this interview <Speech_Music_Female> <Advertisement> or any of the other <Speech_Music_Female> <Advertisement> ones. Please <Speech_Music_Female> <Advertisement> know how much i do appreciate. <Speech_Music_Female> <Advertisement> It helps me <Speech_Music_Female> <Advertisement> a lot in the algorithms <Speech_Music_Female> <Advertisement> when i get interaction. <Speech_Music_Female> <Advertisement> So <Speech_Music_Female> <Advertisement> if you're sitting there <Speech_Music_Female> <Advertisement> which hook you are thinking. <Speech_Music_Female> <Advertisement> Wow that was a great <Speech_Music_Female> <Advertisement> conversation. <SpeakerChange> I enjoyed <Speech_Music_Female> it. <Speech_Music_Female> Please don't keep it to yourself <Speech_Music_Female> <Advertisement> <SpeakerChange> whether it <Speech_Music_Female> <Advertisement> be simple. As <Speech_Music_Female> <Advertisement> clicking the like button <Speech_Music_Female> <Advertisement> or scribe <Speech_Music_Female> <Advertisement> or share <Speech_Music_Female> or making any <Speech_Music_Female> kind of comment at all <Speech_Music_Female> on house <Speech_Music_Female> meal on the al gore <Speech_Music_Female> <Advertisement> themselves please <Speech_Music_Female> <Advertisement> do go ahead and share. <Speech_Music_Female> <Advertisement> You enjoyed it <Speech_Music_Female> <Advertisement> and thank <Speech_Music_Female> <Advertisement> you for letting me <Speech_Music_Female> <Advertisement> share this with you. <Speech_Music_Female> <Advertisement> These types of conversations <Speech_Music_Female> <Advertisement> are <Speech_Music_Female> <Advertisement> great to have just one <Speech_Music_Female> <Advertisement> to one but <Speech_Music_Female> <Advertisement> the chance to actually <Speech_Music_Female> <Advertisement> share them and not <Speech_Music_Female> <Advertisement> have a conversation <Speech_Music_Female> <Advertisement> in a vacuum but get <Speech_Music_Female> <Advertisement> the chance to push it out <Speech_Music_Female> <Advertisement> and share it with people <Speech_Music_Female> <Advertisement> like you <SpeakerChange> is <Speech_Music_Female> really privileged for <Speech_Music_Female> me so thank you so much <Speech_Music_Female> for listening. <Speech_Music_Female> I hope you have a good rest <Speech_Music_Female> of the day.
"chairman" Discussed on The High Functioning Hotspot
"Was a treat to <Speech_Male> spend time with you. <Speech_Music_Male> You've been an important <Speech_Music_Male> influence on my life. <Speech_Music_Male> And i only <Speech_Music_Male> look forward the <Speech_Male> she'll <Speech_Male> will get interactive <Speech_Male> future. <Speech_Male> Who knows we might <Speech_Female> even meet <SpeakerChange> in person. <Speech_Female> One day i <Speech_Female> know we <Speech_Female> will. I've been known to <Speech_Female> make an appearance in new york. <Speech_Female> <Speech_Female> City's <Speech_Female> coming back. <Speech_Female> I'm looking <SpeakerChange> forward <Silence> <Advertisement> to that <Speech_Music_Male> <Advertisement> <Speech_Male> <Speech_Male> doctor. The khloe <Speech_Female> thanks again. <Speech_Music_Female> Bye bye <Music> <Music> <Music> <Music> <Music> <Speech_Music_Female> <Speech_Music_Female> my goodness. <Speech_Music_Female> What an <Speech_Music_Female> incredible conversation. <Speech_Music_Female> Jim <Speech_Music_Female> mccann is just <Speech_Music_Female> one of those people <Speech_Music_Female> where i <Speech_Music_Female> often just can't <Speech_Music_Female> believe that he takes <Speech_Music_Female> the time to just <Speech_Music_Female> the in chat with little old <Speech_Music_Female> need but <Speech_Music_Female> he does. <SpeakerChange> And <Speech_Music_Female> i'm always thankful <Speech_Female> for everything. He shared <Speech_Music_Female> when incredible energy <Speech_Music_Female> <Speech_Music_Female> incredible insights. <Speech_Music_Female> What knowledge <Speech_Music_Female> what compassion. <Speech_Music_Female> I hope <Speech_Music_Female> that you enjoyed that <Speech_Music_Female> conversation as <Speech_Music_Female> much as i did. <Speech_Music_Female> And if <Speech_Music_Female> you have comments <Speech_Music_Female> <Advertisement> of <Speech_Music_Female> <Advertisement> et cetera. <Speech_Music_Female> <Advertisement> i hope that you'll put them in <Speech_Music_Female> <Advertisement> the comments section. <Speech_Music_Female> <Advertisement> Or if <Speech_Music_Female> <Advertisement> you wanna comment <Speech_Music_Female> <Advertisement> certainly subscribe <Speech_Music_Female> <Advertisement> or share <Speech_Music_Female> this interview or any <Speech_Music_Female> <Advertisement> of the other ones. <Speech_Music_Female> <Advertisement> Please know how much i <Speech_Music_Female> <Advertisement> appreciate. It helps <Speech_Music_Female> <Advertisement> me a lot in the algorithms <Speech_Music_Female> <Advertisement> when i <Speech_Music_Female> <Advertisement> interaction. <Speech_Music_Female> <Advertisement> So if you're sitting <Speech_Music_Female> <Advertisement> there which hook you <Speech_Music_Female> <Advertisement> are thinking. Wow that <Speech_Music_Female> <Advertisement> was a great conversation. <Speech_Music_Female> I enjoyed it <Speech_Music_Female> Please don't keep <Speech_Music_Female> yourself <SpeakerChange> <Speech_Music_Female> <Advertisement> whether it be simple. <Speech_Music_Female> <Advertisement> As clicking the lake <Speech_Music_Female> <Advertisement> by or <Speech_Music_Female> <Advertisement> scribe or <Speech_Music_Female> <Advertisement> share or making <Speech_Music_Female> any kind of accommodate <Speech_Music_Female> all <Speech_Music_Female> house meal on the algorithm. <Speech_Music_Female> <Advertisement> So <Speech_Music_Female> <Advertisement> please do go ahead <Speech_Music_Female> <Advertisement> and share. You enjoyed <Speech_Music_Female> <Advertisement> it and <Speech_Music_Female> <Advertisement> thank you for letting <Speech_Music_Female> <Advertisement> me share this view. <Speech_Music_Female> <Advertisement> These types <Speech_Music_Female> <Advertisement> of conversations are <Speech_Music_Female> <Advertisement> great to have <Speech_Music_Female> <Advertisement> just one to one <Speech_Music_Female> <Advertisement> but the chance to <Speech_Music_Female> <Advertisement> actually share them <Speech_Music_Female> <Advertisement> and not have a conversation <Speech_Music_Female> <Advertisement> in a vacuum <Speech_Music_Female> <Advertisement> but get the chance to push <Speech_Music_Female> <Advertisement> it out and share it <Speech_Music_Female> <Advertisement> with people like you <Speech_Music_Female> is really <SpeakerChange> a privilege <Speech_Music_Female> for me so thank <Speech_Music_Female> you so much for listening <Speech_Music_Female> and i hope you have <Speech_Music_Female> a good day.
"chairman" Discussed on The High Functioning Hotspot
"Environment where it was natural subject to natural of discussion and i think a lot of families don't have that benefit of learning about small business real things because you work in Engineering and you come on. You're really talk much about working. So you family is and learning that aspect it might learn of one discussions but now family oftentimes. It was about business at work. But we didn't want you mentioned the word entitlement. We didn't want our kids to come right into flower business so he said you have to work waving school. You can work for us but you don't have to. But then the event of school you cannot work for us for at least five years and what we met what we said was we want you to go work somewhere else. We want to achieve something else advanced degree or some success in your employment before you can even consider. Applying comeback has copied from the successful families. Served us well Because archaism Daughter my oldest. We recruited back at one time because she was running a the ecommerce business for very large department store. A lot of people had that talent so when we were looking for someone who work in our ecommerce airy took someone who have this kind of resume media although he's describing your go to eric so he recruited her back. She's now state. Oh mama three kids and my son came back about ten years ago. he He lived out west. They lived in the midwest he did a couple of startups and then he started working for the limbaugh companies in cairo and did very well. They're finally You'd like to come back to to the new york area in play this role and so he's the only one of next generation it's into business until recently when chris graduated from business school and and went to work in a startup. Eventually we recruited humpback too so you have to the next generation working in the business but the rule is no nepotism yet. Earn your own way end. And perhaps we give them because we're company and we have a great governance system in a very talented directors. We pay extra scrutiny to make sure they're not getting any undue consideration. Yeah i love that. I think that's smart. You know from so many levels. You know You know not that matters. I'm sure you know if. I think it's smart but i just have to say i do think it's really smart because i personally have sat with a lot of people that worked for their their family business. That did not have to jump through the hurdles that you make your family members jump through and it's harder for those people because they personally always have this sense that like other people in the business kinda don't really respect them or they might even personally not really fully respect themselves that they have a lot of doubts about like what i have this job if it weren't for my family connections and moreover of course you know for the sake of the customer to have the benefit of being you know being service by company where everybody is fully qualified But but for so many reasons gem. I just think that's wonderful that you guys do it the way that you do it Now i have to keep moving on. I know you said i'm peppering you with questions. But this is my normally. I'm providing ideas from as the connectivity council and so this is my chance to ask us yes so so. Here's my next question jim. i. I've love your book by the way i know you wrote a book and i love it. I got the chance to check it out. And i love that. It's available on audiobook as well by the way because i think sometimes it's so nice to just listen to stories But i love hearing your story about the chinese silk jacket and celebrating mistakes. And i'm wondering if you would please share that story and if you can tell me and my listeners. How do we know when it's time to pack it in and celebrate the mistake versus when it's time to get out our elbow grease and stick with it a little longer where there is a question of the ages and the answer is i don't know about off the by example a couple of situations at if you wanna forster culture of innovation which mcgruther Want to do year of flowers. You have to encourage people to take chances to take risks and one of the things that we benefit from as a company is some good fortune and persistent experimentation. So take it all the way back to Our earliest days. We've gone through what we coal five waves of of our company a one is. I was retail store in stores second was acquiring company that had the eight hundred telephone number changing on name of our company to one eight hundred flowers that was face to face three now experimentation in the five years after we acquired that the telephone number with no money we became a national brand and an innovator and we changed how our little industry works and we thought my brother chris recently graduated from university in came to work with me and we were chatting about well. If we do this with no money and really no business experience some other technology could come along and innovate us out. And so we are always vigilant looking for what. What's the next change technology going to be until we were doing. Lots of experiments with the new technologies though in the one we kept coming back to was online world later to be called the internet. So we were very earl and we benefited from being early because people would write about our with doing things differently and all of sudden we just changed our name from one. Eight hundred dollars tools Flowers dot com. So the third way for us was the internet and then the fourth wave for us was is internet starts to mature and everything's about social and then mobile and social mobile. Aided and abetted each other try was a fourth way. But we're going through the fifth wave right now which is maturation of the internet. Giving birth to wall is social media mobile access and commerce went from a purely transactional to conversational and now we call engagement commerce way. We can possibly mimic the relationship. We had forty plus years ago with a forty customs. Made our shop on the abry side of manhattan really go. I mean the forty people who really read the business go will today. This forty million and the only way we can mimic those relationships is with affective use of technology in that technology is a social media tools that are available to us to really look to engage with customers. So that's the the the ark of our development company but back to. You asked me about the so jackets we had. We counted over fifty different experiments in technology. Alone that we went through while we were still investing in this internet thing in a julius years like hey we print out these catalogs would have we put it on a cd-rom at Colossal.
"chairman" Discussed on The High Functioning Hotspot
"A point of view around how we as a community can help. How do you see the the role of dad's this experience. We've all collectively. Yeah jim i mean that's such an interesting question and you know it has been such an honor to be on your activity and i'm not surprised that you are thinking in such a reflective way about this. I think something you know. People don't necessarily know about you is that you are a social worker before you became a business tycoon. Right and so you know just that level of of reflection and emotional intelligence and family thinking you bring to. The table is incredible. And you know. I'll answer your question about does my thoughts about that subject. But i have so many other questions for you to jim. I just i. I'm so excited for the chance to ask you questions. But mike quick thoughts on that you know are that i know that even for me as a mom. The pandemic offered me a whole new perspective. It pulled the plug on a lot of my you know running around activities and Honestly it was a blessing in disguise for me as you said it was a tragedy in many ways for many people And i this is a separate common. Of course you know from that but just for me and my personal life is a very career. driven person. Having permission to stay home has changed me. I've really i've stopped taking new individual clients largely And my husband as well. Obviously you know his running around everything changed and it's been wonderful to have him at home and to discover thanks to technology. You know the the things that we can do I would. I would love to ask you though is loved him. You know yourself as a father What that was like for you. You know building a business in those earlier because one of the things that i think sometimes dad actually get a bad rap on. Is that you know. Dads are oftentimes not always oftentimes are the providers in their family. And so then when the dad is at you know working on providing for the family. Somehow that somehow doesn't always get counted as care or contributing into the home and supporting the family and so one of the things. I often times trying to help families and fathers and mothers and everybody understand. Is that when dad is is at work in the office you know. He's he's not on a fantasy football game you know. He's he's working to help out the family. So i'm curious when your children. Your three wonderful children were young. Do you mind sharing about that from your perspective. Will you a conversation. I had with one of my kids yesterday in we start a business Early and yes first. Career was in social services. I worked at ran a home for teenage boys and was wonderful in in educational experience for me. And i didn't from means but i knew i wanted to provide a living for my yet for my wife and kids so as always doing things wasn't smarter than anybody else but willing to work longer hotter than anybody else and the earliest. We'll start off flower shop. It was a it was a full time. It was a seven day a week. Commitment or shop in shops. Were open long hours seven days a week and it was hard to expect them to run without being there and so my wife tried to work together in a very beginning the business but we started a family very young and so we decided early on. That's not gonna work. You take care of the kids you take care of the house you take care of the family and that'll free me up to be a crazy person. Germs a work. And i do have some. I do have some guilt. Around the fact that i don't think i was there enough for the kids in their earliest views. Because i was just out in working overtime. They'll tell mine. Son told me yesterday that he heard that before he disagrees. He said i felt like you were there i. I didn't have a sense that you weren't there enough The good news is our office and our shops will quite close to our live. So i'd be in and out. So i can make it to a ball game or at least some audible game of the kids in the. Nfl expected the big holidays. I wasn't going to be there. Just wasn't home at all up believing. I have a sense of guilt about it. Dr clothing but my kids told me that they don't have the same sense recollection. But what i do really appreciate and respect is at each of my kids. I think is so very very good parent and their spouses. The partners they selected for life are all very good gang still in the see that yesterday with a six of them running around there yesterday. I just my wife and i talked about last night when they left that just filled with pride at the stanley by will blessed how blessed the week the keep moving closer. So maybe there's a high premium on quality babysitting services but might when i think of the earliest years i think of my kids are bet appearance. I was a much more involved in around in. Your kids likes than i was. And i think that's terrific right. I mean but. I have to say though. I hope that you. I don't want you to carry around that burden of guilt because your kids in contrast to you because you just you share that you didn't come from from means you know your kids are growing up being parents in the context of having a parent who already created significant security for the family right and so you know. I just hope that you don't care. I don't wanna go down a sidebar. I don't need to get too personal. But i hope that you don't carry around You know much guilt really because all of those things that you were doing were actually to build and create security for your family and you know to that point. I know another one of the things you did and kind of getting into another question. I have for you Is you you created jobs. Not only for many americans but also for for your own family. And i know you know one of you know even your your brother. Now is the ceo and another brother. That had if i'm correctly phrasing at he has some significant developmental disabilities and he wasn't able to know just cognitively wasn't going to be able to live independently Like the rest of your siblings but nevertheless you're able to recognize an opportunity and create a foundation where he and many of its peers contribute to wholesale growing a flower tes Four one eight hundred flowers and so you've created a lot of jobs within even for your own family. And i know you have a great rule that people have to have a job somewhere else Before they can work for one eight hundred flowers that your family members must have another job somewhere else which is great. But i'm wondering also have you can share. You know a lot of a lot of my listeners in my audience we we love business. I love business. We love families. I love families one of the struggles that people in family businesses often run into you know is issues of entitlement or personality differences. And i'm wondering if you can share some words of wisdom for those family businesses out there that one have a happy story like jim mccann's break down in machine-gun media with a bunch. I'm sorry.
"chairman" Discussed on MAD MONEY W/ JIM CRAMER
"And disney and might have enough. What are your thoughts. love frank's portfolio. I love first of all i think. Gm is worth probably. I think it's twenty five to forty percent more than song for attic. Mary barra chronically undervalued. She came on our show. She would find out that. I am a huge battle okay. Amd this is going to say. It's takasu that deal was going to close. We bought some for the travel trust today. Disney bob checa. I think capex to an interesting job. I've caught learn more. I've got a little more. Okay fair enough. I gotta learn more south west. Cary kelly is leaving. But he's leaving executive chairman. And i liked that he's gonna hang out what is ceo. He is and of course. Tim cook at apple. So we have tech. But we have high performance computing and gaming. We have auto we have entertainment and we have aircraft airlines know. What all right. Let's go to in florida renato. Hey jim this. Ronaldo and sunny florida thank you so much for taking my call long time since the days of kudlow and kramer am i diversified. My top five stocks are number one apple computer number two amazon three facebook for verizon and number five clean energy am i diversified. Thanks jim. This is very insects. You for those kind comes as a very interesting way to invest. Okay so you facebook. I really just scoring every day seems to go up. It's because of their shops initiatives. They are now the friend of the small and medium-sized business before them. They were hated. This was the smartest thing mark zuckerberg every did clean. Energy is a total spec. We had him on last week. It's about renewable natural gas cow manure apple. What are we going to say. Apple is terrific horizon. I hear it's going to have a better than expected quarter amazon. Stop believing that the amazon web services holiday was paid. That's just propaganda is terrific. So we're going to call this technology retailer. We're gonna call this technology retailer of a very different complexion. We're going to get this telco. We're gonna call this entertainment that's entertainment and this is spec. I'm not calling.
"chairman" Discussed on Beyond The Baseline
"With data. Just guy fending today. The first i was there fighting to fans date so the buick nor our fans are to improve this year. I am the customer relationship management tools that we don't have in place and we should have in place scoring data. Which should we feed to the banking. Renter it's look i. I think it's very important way to monitor the volumes of the match. I think the industry as legalized over the years in all we only deal with licensed upgrade that a texas and all the date is fed in a center system and neither are strange activities it flagged through the idea a report format the tennis integrity unit. So that's i think is pretty immi- opinion would prove. I do strongly believe that that is very little in issue in the sport of tennis at definitely had the we do we have some of the lower level. We might end as definitely that is bought agree with you. So which is something. I think the idea is addressing at the future level. But i think at the level where we're in a pretty good position because the guy's already playing to win a bank to win the bank for points there. Blame to to progress in the ring into an champion is not really a mall. Said going in your i. I want to ask you about sort of tennis pro professionalization than professionalising the operation I want to go back to this idea of mackenzie looking at tennis and you just wonder what they would say about. Some of the the fairly obvious conflicts of interest or. Let's get candidly. Your your predecessor was pushed out in part by a board member who was facing felony charges. That doesn't happen publicly traded company. That doesn't happen at a college in university. Do you think this is a problem. And what can tennis do if so what content is due to its krause but what can tell us. Due to sort of professional is the operation in the region glenn. I proposed a view for the wage compost three elements coming chris one to terminate an free independent directors which is the concept offering high level externally with a lot of speed that have not too close link the members that they think out of the box with a great adventure is bought long-term colorado for the no brainer. You wanna see from the board audit bureau ninety four sharing your is that amputees and you have the perfect and collect the interest on the state called the not your personal not anybody else's that s what you have to do and and as whether hits in a way it's it's providing the i have a change you know after two or three tenths added by your provided you know. I think it's similar to what we received new bonnet and other things. So then i think and how law growth your date being ends in general outside viewing issues. We're not going to be credible. Those he should stop at know the core world out there is doing as many many years and we should be doing. So i that discussion and he will be motion at southbound. Any be voted again. That's a very important question for you. I see the dan evans just won. The first set from novak can hang on. That was kidding but go ahead and answer you got. Your date is showing playing with unique. Yesterday it was a great match. I felt it was in pretty good shape. So i don't know i haven't seen today's match on i wanna go. I wanna go back to what you said with possible merger. Because i think that's you know if this podcast we're gonna have a news break. That would be it. But i also think this is a really fundamental issue to tennis. I i think the whole issue of equal prize money sort of it's a red herring in the grand scheme of things. It's pennies on the dollar. But i think it's got to be decided before people go forward. I think it's a threshold fundamental issue but keep talking about what this merged tour looks like because i think we all agree. Oneplus one is three is something that's been said for decades. But we're not there yet. What needs to happen and then keep talking about your vision for this merged product. Do i think as have you seen in my division senior phases. Earth is age beyond his digit brandon. Governors of you do believe your team you have to get your house in order before in broadside new you propose merger or or white but abrasion this important because we need to lead the way safely. This there's two elements there obviously are discussing with t seven group i grow For of a dp wti for for grasslands. It's i don't think it's only about w w t. A anti pd. It's it's about all of us really. You can't really leave the grand slam out of the equation. If our goal is in reaching the experience of the fence they are the four biggest tournament. There will always be. We wanna keep it that way and the businesses and at the moment we do not have any senior juice in how we operate and obviously there is the easy wins. What are these is. Williams is probably knowing. Influence is on the commercial side marketing. Social media media derides between japan governor gay at at what can be done right away. But if i really would rewrite the rule from a blank sheet of paper as you said before i would definitely are grasslands integration but keep keep talking about this merge product essentially you would then have men and women that would approach the grand slams as a as a united whole i. I guess my point serve let. Let's drill down on this product because it seems to me. Tennis is great. Virtue is the fact that we have these interchangeable tours. And nobody says. I love serena but who's that spanish guy with a bandana whose left-handed everybody knows he's players. Everybody watches these matches more or less interchangeably. That is a huge virtue. That's a huge asset to use your word. How do we monetize that. What does this look like. What.
"chairman" Discussed on Beyond The Baseline
"Know why the rich also in different continents right. Lucky matic africa asia. It's it though in. We're quite strong in europe. Now doing nassir well north america but you know how far visas in europe talking about three hundred million people. It's surveys more of the global population. So i think that is my superficial there in digital distribution of our content worldwide right. Now how do you. How do you assess the level of trust between the tournaments and the players between management and labor. Hey something that is clearly outlined in my throat. did you. Land the region is seen is the lack of transparency You know it's like me. And you john open business and say john vets hoping city if did and at the end of that is john. We had two hundred dollar profit. It is your the nsa and there. Can you show me. they're counseling. Go john doe. Worry you'll find it. Take your fifty dollar you know. Would you trust and they are. John maybe couple of years. But they've made me when things get a little bit rough you know. It just doesn't work in my opinion. If you ever partnership. I think if you wanna be you need to have food conspiracy first and then you can have indicated discussion about what is the best price for what is the best count of any other issue become secondary because both in good faith last each other. The moment is a lot of conspiracy theories fly around a lot of people throwing them but also the blue. Nobody knows what they're talking about. Lots of misinformation. It's a pet safe but which ends up in this. you know. Negative and constant Internet scholar so you are the cheerful. Let let's keep the analogy you. You are the chairman of this pizzeria can you. Can you not compel one partner to share their disclosures with the other. Is that not something that what's what's preventing what you're describing makes all the sense in the world. I think i wrote. I wrote last week if i have a prenuptial agreement. I'm signing with my wife. But she won't tell me her net worth. That's a real problem. That's a real impediment as chairman. Can you not compel full disclosure. So i was funding a segment. That i know you attitude i made this thank. You're paying to discuss a divorce. Settlement were using. Your is dieting. Huge amount of money in switzerland. You don't really know your lawyer that it'd be into negative and angry as fast vice supermajority board which is required for most of the big decision. Immediate be super majorities. Go into so do from the best side and from the government side. So i serve as chairman cannot enforce it. I need to tournament votes We had received the two thousand nineteen audited financial for the first time. That's what you know management and the board every sees is never been done before. I think we are in in a good way. Chilly convinced the tournament. That is right solution. You know we not yet. We haven't voted yet. They all through is also linked to the rest of this as you bang. Which is the bus money. Ford kind that the mediation we're trying to posse as a package because we believe is a fair balance between the two parties and we will know in a few months whether that goes or not. When you were a player would would you have joined the pa who depends it depends when why and where i do. Remember as a player being many times on. Fb about the system about eight gb About the tournament unhappy about many things. You know life on the tourist stuff you you deal with many issues. Petition courts bull king at you. Know all these ecowas. I think cozying Into the players Mine we will they time. Remember where we sort of discussed we. Europe was underrepresented in augment was playing Five top and world was sampras. Agassi courier jank got martin. Chairman being matic everything about v. that we felt like you know europe was not on the map so there was always this kind of off saint demand but we never really argue against the overall economic and we not thought we wanted to take the adp down or thinking about creating association and potentially new tour. That wasn't the case we sort of like you know. I was had affection with the hp. It's when you get your first. It could be on a little bit like your first case in his as a young man is is something that you never forget so you have these affection for the organization so there are things that i wanted to be growing today a thing. We need to improve a lot of things. Acknowledged a lot of the feedback from the players. Actually ride. but i don't think you know in the best bedding. Is that if i put a player head. I don't think the aiding a safe association is in the best interest also because that independent contractors. You know you can't unionize. You can't compare it to soccer basketball on other stuff with it's completely different is comparing apples and oranges. What if the players you know you go find a billionaire. I'm going to employ all of you players. I'll be your employer. Now you can unionize. And then i'm going to negotiate with the tournaments. Wh what do you think about model by the way. I don't think they need to find a beaten. I i think they can also decide. Now they wanna going to model being employed but being employed assuming that you pull your rights. It means at nova roger offer. We left to pull their authorship into into the poor the same way that the jersey off the basketball team deal with nike goes through the nba. Not not to blast directly. So it's a completely mall. And i i don't think they ever brought it up but whether you do it with age. Enemy is something that we can think. I mean the tournament. Certainly i think they would welcome a model whether doctor euros and and because you know when you seven employees by the way what is the bedding any if your employer as you that you need to get on. The bus broke off train and four and blamed tuesday. You got to do that. So these in cause of beating the kind of independent compactor. You cannot really demand best of both worlds you have to decide his freedom versus security. Yeah but ma you can discussing gazan have to be done as where would we talk about. I wanna go back to monetization because when we talk about data at least in the us. That's often a code for sports gambling for sports. Wagering where are you with that. And what complications does the lower level match-fixing have on your relationship.
"chairman" Discussed on The "What's Your Revolution?" Show with Dr. Charles Corprew"
"Success revolutionaries and always always be able to answer what we think is the most important and thumper bogan question of your life. What's a revolution we'll see you soon. Everyone take care. Have a great week. peaks was good revolutionaries no..
"chairman" Discussed on The "What's Your Revolution?" Show with Dr. Charles Corprew"
"That they charge thousands of dollars because their service. Today's away this connection amp. I'm pretty persistent too. So call you one more time. Do you mind and can help out for fractions of costs if not pro bono. So just at at at. I really think that the experience was amazing and Last last part. I'll say about emigre ventures when you're trying to get something off the ground and i worked a full-time job some juggling both and have a family some juggling all three and have some other commitments and i'm juggling four five or six and still trying to get this work off the ground. I just remember when the investment check touched my hands. And i opened it up. Everybody left the room in new orleans for context purposes acquire like maybe once or twice a year. I just broke down i broke down. It was like. I cannot believe that i'm sitting here looking at someone who said nah. Believe in your work because people will reject you. You just can't give up so it was an amazing experience. Absolutely ms experts it moses. I appreciate that in people understand. Why didn't you say. His name was elisa moses. Yes but he goes by moses and chairman moses. But we'll get into that on. We'll get into that later. You know the interesting thing that i want to pull out of here of moses. Is that the fact that you said that. Entrepreneurship is lonely and being in the room with thirteen other entrepreneurs who probably at the time hadn't been in a room with women and people of color and that's something things about about camelback is that we want to create community. We have our five cs. And i don't wanna go through all of that. You know we everybody should know our seas. I should know five archdiocese. But i probably will mess it up here so not even a try but being in the room and not feeling lonely not feeling knowing that there are other people who've gone through these roads who are traveling the same way or you know at least a path looks the same provides for some solidarity for some community and as someone said to me the other day. Is that community is actually the new capital where you have the ability to sit down and be vulnerable the open about the challenges that you have as an entrepreneur that provides social capito that provides opportunity for you to to be vulnerable about your successes and challenges your trials your toys whatever. It is a room full of people who understand like you know. I'm going through the same thing. I don't have that one point nine million dollar budget right. I got a three hundred thousand. Three hundred thousand dollars. I got a two hundred thousand dollar budget. This is actually the first time anybody has ever invested in anything in me. So i got a forty thousand dollar budget right now. And it's what is the bunch. People entrepreneurs can be entrepreneurs in very different basis right right. It's interesting because all of those plays are interesting a couple of weeks ago and i got. I got a chance to sit down with my good. Frat brother james center for se begins to think about what it looks like to build a nonprofit what it looks like to build an organization is interesting that we say this Moses is that we that lean canvas if you've got to be able to solve a problem right and you gotta understand who your customer segments. Are you really gotta know who your customer segments. And then build an avatar around there and then understand. What are their pain points. And can you provide something that is unique and has a value to them. That solves that pain point. So that's a little bit of a lesson but understanding that being in that room right and not feeling lonely. But i also appreciate what you said moses that when you got that i investment that you allow yourself to cry allowed yourself to have that moment of emotion. I think that as we build you know as we build our ventures you wanna give yourself the opportunity to celebrate everyone at every step and sometimes the win is as you said just getting the application out because those rejections calm and common come but oftentimes if we don't celebrate the process right we'll get left behind thinking that the rejection was just about us. It's not known. So it's it. Means so much moses to have been able to fund you and then to continue to support you are no one of our board members rise things very highly of you and your work. He's an amazing man and the work that he's doing up in new york as well love. I talked to rise like a couple of weeks ago. I just call. People are coffee for so yeah you know. And that's the thing. The the the one thing. I want people to know about moses is that he is not a recluse he travels he planes too much he likes. He likes to get in cars and drive. Which is the antithesis of dr corporal. Because i like to get on a plane. Weren't you going out to what you're gonna drive onto. No yeah no i was. I love planes right But i was willing like i have. I have Have a bucket list. Right buckle column missions visions certain things that you want to accomplish goals But one of them is to travel across the united states in vehicle right. And i wanna take a road trip that out bandages than to do it right. This is perfect My wife didn't wanna do it. She said look you know now. No no no so You know the plane was the medium. But i would definitely have done that trip Left six days seven days ahead took time and just saying things that i wanna see. You know i've never been iowa. I talked to brown or black person from iowa the other day. I'm like we are here. We go here. We are everywhere you so yeah because some things i would just want to see and make that trip so yes tell melissa things i gotcha brother. I when when you told me we were talking. I'm gonna drive up. Like what if i have to be in a car more than six hours. Dear brother i'm done. i'm gone. I i remember. I ran a promotion company. Caught are no question. Promotions showed to my guy camp glover. Who eventually kind of gave its last soda to in charlotte north carolina. He did some great things with it. but What i was running promotion company was a company who paid me to go to essence fest and drove from new york. Ill burma my filled market execution team. Where my street team that. We went and did our thing in new orleans and Drove all the way there enjoyed the trip very much so i i do really appreciate driving. Won't drive everywhere. But i really enjoy the music. You know some snacks. Conversations driving is important. I'm not mad at that by the. Ceo wysong builders. What's the revolution dear brother revolution. So i have to always conceptualize you know because we will use where differently. When i think the word revolution i think revolt and evolve right so for me. My revolt is. I want freedom right. And and to be coupled with freedom. I want our and after contextualising explaining definitions right so power to me is the ability to get things done. I want that right. I want the ability to get things done so i voted in decided to leave my job. I was getting paid close to six figures. I was working in government and people that listen are you crazy. I mean i have friends who like. Why would.
"chairman" Discussed on The "What's Your Revolution?" Show with Dr. Charles Corprew"
"Don't black men who were doing dope stuff. It's funny that this word dope has actually come back into our into our scope dope with something that we used back at. Greer run is back in the late eighties. That's dope that's fresh do. yeah but is comeback. It's made its way back into our everyday colloquialisms. And i'm so happy that it has its own resurrection. That i can say things like I met this still brother. I met this dope sister. I'm doing some dope things. And so always always i am so happy to be able to interview dope people doing doke stuff and there's a little back story with my guest today. I didn't know who this brother was. I was interviewing for my first position at camelback ventures as the director of the education fellowship. And i had to do an assignment you know. You probably don't even know this allies. You probably don't don't even know. Maybe i've told you this before too. Yeah but i had to do an assignment and during my job interview. And i was given the the specs of four or five different companies they had applied to camelback. And with a five. You know if you think about your brackets during the final four. The first five in the first the first five out i four and unfortunately that year for this brother He did not make in camelback ventures but he was on my on my interview. Kind of Exercise that it had to do and the exercise was me having to figure out which of these organizations should have been involved in camelback ventures education fellowships at year and so is my understanding of what this brother allies. you're moses. Ceo of wise young builders was doing the dc area now. He's moved up a little bit further in the northeast as well. But i got to see what this brother was doing and really understand what wise young builders was all about and i kept asking myself. How did this brother not get in not get into the camelback fellowship. That year ironically allies. I don't know if you knew everybody that interviewed for the position. That year picked your organization. Right they said. Allies moses and wising builders had been should have been involved in combat ventures. And that would have been in the twenty eighteen fellowship. If i'm correct. So i've made sure my first year as the director as the director of the program making sorta this brother applied again and then making sure that he was accepted into the twenty nineteen cohort of the education fellowship. And boy was an amazing ride that we had with elisa most so i want to welcome my friend my friend and my brother fellow entrepreneur camelback twenty eight twenty nine teen fellowship alum elijah moses to the what revolution show. What's up to your brother. How're you or madame. Great appreciate your having me. Thank you for the invite pleasure to be Sitting in the seat talking to you today man. look this. weather's like six eleven he's gotta start off. You start off a little bit. I met this brother as he walked into the room right. He's a gregarious. Figure man everybody you know he gravitates. Men are excuse. Me people gravitate to him. I guess what are you six. Six seven amoco is six four. Six three and three quarters. No no brother. You are taller than that man. I wish jack looking at each other. I'd man. I don't want to believe i don't believe which i was a little taller than actually see. I see people that are taller than me. I said man you really taught. He played the piano. And it's of normally here. You know stereotypical cliche. Do you play basketball. But yet though people have upset about six six four but this brother walks into a room and with his infectious smile and his ability to bring people together and just be able to work a room telling his story about what wise young builders does for a young men in a young a young women. And we're going to tell that store but allows you know what i would love for you to do before we didn't get to our question is i. I would love to just talk a minute about what it meant for you. to be. Involved in the twenty nineteen cohort of camelback ventures. Being a part of you know a wonderful group of leaders who are doing as i said dope stuff early on. What was that experience like for you. Being in that cohort of women and people of color who are building the ventures of the future. I would honestly say that My experience with camelback ventures was amazing. there's not too many circles that you can find yourself in. I mean you know. I live in the dc area. I spend time talking to executive directors who are serving youth of color. I mean up until you know six years ago maybe seven give or take dc was coined chocolate city and the greater majority of residents were brown and black right Now when you work with the executive director side and you talk to leaders ended up finding really interesting parallels where the people who lead organizations that serve us. Don't look like the youth that search right and that is what it is. It's just then you start looking into budgets and like wow at nine hundred thousand dollars do that. S right million dollar budgets man dollar budgets right and some people have told me won't moses. My budget is only one point. Three million. Do you have any idea what i'm doing with a forty thousand dollar budget or whatever it was at the time and being a part of camelback ventures when you're able to sit in a room with people who look like you think like you talk like you. Entrepreneurship is lonely. There's not a lot of people you can go to and have these conversations about look. I don't understand this accounting principle. I'm really working at it. There's not a lot of people who you can talk about vulnerabilities. That's a sign of weakness and business and most of the things that you do So being in that space where The first year being rejected at. I mean i. I'm generally a person who handles rejection pretty well but that year was being rejected from a few different things and you start to look internally and say well what's wrong with what i'm doing is if the work is the presenting it and every time i come to the bat or to the mound i'm gonna for the fences. Hana knock this all the way out. The park and looking back is like what may be wasn't articulate enough or maybe i didn't explain the background so so being in that in that space working with entrepreneurs who were in the same space i mean i remember when i got a call from you saying that i got in. I caught other people who look like they were getting it. Moses you know what what was it like for the application for you and people were saying listen. They were asking questions about deal numbers and things that as entrepreneur. You tend to focus on often the thing that you want to do. And you know people bring t all of the things that you have to do to make your organization vision in business star. So the experience was great. I mean you know being able to travel to major cities honestly. That was my very first time in california we camelback ventures and. I have traveled and make no mistake. I'm a recluse. I have traveled new. You're not no you travel. Yes just to do it. For whatever reason i never made it to california and it was an amazing experience. I mean i've been in new orleans quite a few times New york city. I mean i'm a new yorker so new york city quite more times than a gal But it was just an amazing experience in the coaching. Been able to get the connections. I mean i'm having people do budgets. And i'm sure certain.