Earn Your Leisure

In this thought-provoking clip from Market Mondays, hosts Ian Dunlap, Rashad Bilal, and Troy Millings delve into the rapidly evolving landscape of AI and its profound impacts on society, education, and diversity. The discussion kicks off with new policies being announced during a school break, a strategic move that avoids immediate backlash but raises eyebrows regarding educational transparency.Controversy arises as the hosts discuss the perception and value of historically Black universities like Howard. They highlight negative comparisons to institutions like Harvard, fueled by political figures, which could potentially deter prospective students. This perception fuels a narrative that could impact diversity within the academic world and beyond, limiting the richness of diverse perspectives in education and industry.A crucial topic covered is the parallel between historical redlining practices in real estate and modern challenges posed by AI, bringing attention to the consequences of technological disparities. The clip sheds light on educational inequalities, where certain groups gain exposure to advanced opportunities like tech company visits, while others might miss out on such experiences. This divide poses risks of educational inequity and echoes the necessity to bridge these gaps swiftly.Rashad Bilal delves into AI validation and reinforcement learning, mentioning companies like Meta for their energy-efficient data centers, underscoring the significant, rapid development of AI technologies. With projections shifting, the hosts stress the importance of acquiring relevant skills over solely relying on traditional educational paths to secure financial stability in a tech-driven future.The importance of entrepreneurship and investing is emphasized as foundational strategies for thriving in an AI-dominated world. Companies like Nvidia are highlighted for their substantial influence, akin to historical financial pillars, playing crucial roles in technological and economic stability.Challenges surrounding diversity in tech hiring are candidly addressed, particularly the pressures black individuals face due to diversity initiatives. Gratitude is expressed to tech professionals and platforms that are actively informing communities about ongoing technological changes. The clip urges the necessity of teaching strategic AI tool usage to children and embracing advancements like AI and ChatGPT.The conversation shifts to the significant lack of diversity within tech companies and the limited awareness among black communities about technological progress. Concerns are expressed over the dominance of Chinese and Indian talent in tech firms and the broader global influence of countries like China on social media platforms.Emphasizing a strategic refocus on technology and entrepreneurship, the hosts call for a shift away from distractions such as celebrity gossip. The disparities in AI education between countries like the U.S. and China are highlighted, with mentions of Historical Black Colleges and Universities leading initiatives in AI education.Wrapping up, the clip discusses legal complexities involving AI and robotics, touching on issues like liability and discrimination. The urgency with which corporations are embracing AI reflects the rapidly widening technological gap. The hosts urge viewers to stay informed and proactive to ensure their inclusion in a tech-forward future.Join us as we explore these critical topics and their far-reaching implications. Your understanding and engagement are key in navigating and thriving in this tech-driven era.**Hashtags:**#TechFuture #AIImpact #DiversityInTech #Entrepreneurship #AIEducation #EYL #BlackTechInnovation #HowardUniversity #TechPolicy #AIandSociety #InvestInTechAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this clip, hosts Ian Dunlap, Rashad Bilal, and Troy Millings delve into the dynamic landscape of global investments and technological revolutions. Troy recommends Taiwan Semiconductor Manufacturing Company (TSMC) as a top investment over the next two years, predicting its central role in AI and quantum computing advancements. Learn why TSMC beats out competitors like Intel and why buying at $158-$162 could be a strategic move.As the world focuses on AI's evolving role, Ian highlights its significance in domains like data centers and personal agents. However, geopolitical tensions, especially regarding China and Taiwan, pose potential risks. The hosts discuss the implications of a Chinese stance towards Taiwan and how U.S. investments in semiconductor infrastructure could buffer global disruptions.Despite concerns over potential invasions, they downplay the likelihood of direct military conflict, suggesting that economic sanctions would be the route taken by global powers. The conversation also expands on China’s strategic ambitions beyond economic considerations, focusing on its goal to become the world’s largest economy and military power. Discover insights into how China is closing the technological gap with the U.S. by focusing on regions like Africa and South America.The clip further touches upon challenges faced by the U.S. economy amid rising debt and spending issues, housing affordability, and economic pressures on younger generations. Meanwhile, China's influence through its significant Bitcoin holdings is also highlighted, offering a financial twist to the global chess game.Join the discussion for an insightful look into the intricate balance of technology, economy, and geopolitical strategies shaping our world today.*Hashtags:* #Investing #TSMC #Taiwan #China #AI #Semiconductors #GlobalEconomy #Geopolitics #Technology #Innovation #USChinaRelationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this eye-opening clip, Rashad Bilal and Troy Millings explore a game-changing approach to gift-giving that can significantly impact future generations. Why settle for traditional gifts like toys or gadgets when you can offer something that grows in value over time? Instead of the usual presents at baby showers, birthdays, or holidays, consider gifting stocks or ETFs. This innovative method can teach children the invaluable lesson of financial literacy and the power of investing from a young age.The clip delves into the benefits of using stock gifting as a way to support children's long-term financial health. Did you know the IRS permits tax-free gifts of up to $18,000 annually? This allows you to transfer wealth efficiently without burdening future taxpayers. Explore how setting up an Upma account (Uniform Transfers to Minors Act) can be a strategic move. It enables guardians to invest in various assets like stocks, real estate, or even cryptocurrencies like Bitcoin for minors.Our hosts emphasize the importance of a systematic approach to investing—contributing regularly to the Upma account ensures the growth of these financial assets. They highlight the strategy of dollar-cost averaging to maximize investments over time, making the most of market fluctuations.Ready to take the first step towards building financial assets for your family? Rashad and Troy recommend opening an Upma account with trusted brokerage firms such as Fidelity, Schwab, or E Trade. This clip is a must-watch for anyone looking to transform how they think about gifts and build a financially secure future for the next generation.*Hashtags:*#StockGifting #FinancialLiteracy #UpmaAccount #InvestInTheFuture #WealthBuilding #DollarCostAveraging #TaxFreeGifts #LongTermInvestment #FinancialEducation #RashadBilal #TroyMillings #Fidelity #Schwab #ETradeAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Welcome to EYL's latest clip, where hosts Rashad Bilal and Troy Millings dive into smart financial strategies to ensure a financially secured future for you and your children. In this insightful discussion, they explore the power of Roth IRAs and how starting early can make your child a millionaire by the time they retire.The clip kicks off with Rashad explaining the basics of individual retirement accounts (IRAs), focusing on the traditional IRA and the Roth IRA. A traditional IRA offers a tax deduction when you contribute, but it becomes taxable upon withdrawal during retirement. In contrast, the Roth IRA does not provide an immediate tax deduction but allows for tax-free withdrawals in retirement, making it an appealing option for long-term savings.One of the key takeaways from this discussion is how entrepreneurs can create financial security for their children. Rashad emphasizes the importance of employing your children in your business or ensuring they have a job, allowing them to contribute to a Roth IRA. The benefit? A significant tax deduction for the parent and tax-free income for the child up to $14,300 per year. By consistently contributing the maximum to a Roth IRA from ages 12 to 17, while investing in stock options like QQQ that have historically delivered impressive returns, you can set your child on a path to becoming a millionaire by retirement. Rashad explains that a seemingly small investment of $7,000 per year can grow to an astounding $3.5 million due to the power of compound interest.Troy adds to the discussion by highlighting the importance of deferring gratification and understanding the wealth-building potential for your child's future. They also discuss the flexibility of accessing funds in a Roth IRA before retirement age, albeit with penalties and taxes, providing invaluable options for future endeavors like starting a business.This clip offers invaluable insights into using Roth IRAs for generational wealth building and ensuring retirement doesn't become a looming concern. Through strategic planning and calculated investments, you can empower your children financially while securing tax benefits for yourself.Join Rashad and Troy as they uncover the secrets to creating a solid financial foundation and ensuring generational security. Dive into the world of smart investing and discover how you can turn small, regular contributions into a multimillion-dollar future.Hashtags: #EYL #RothIRA #FinancialSavvy #GenerationalWealth #InvestmentStrategy #FinancialFreedom #EntrepreneurLife #WealthBuildingAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The Earn Your Leisure Podcast. Financial Advisor Rashad Bilal and Educator Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Explore five essential strategies to help your child become a millionaire. Discover how life insurance can act as a financial asset and learn about the benefits of a Roth IRA for tax-free growth. Setting up a UTMA trust protects assets while real estate investing offers passive income. Uncover the advantages of stock gifting for nurturing an investment portfolio from an early age. With these tools, parents can lay a strong financial foundation and instill the principles of wealth-building early on.

In this Market Mondays clip, our insightful team dives into the looming clouds of economic uncertainty and their potential impact on various market sectors. Your host Rashad Bilal, joined by financial commentator Troy Millings and investor Ian Dunlap, break down the key factors influencing the global financial landscape. As concerns about a recession continue to swirl, our experts analyze important indicators, including the bond market, S&P earnings, and geopolitical tensions.This engaging conversation kicks off with Rashad Bilal highlighting the economy’s shaky footing despite favorable sector production figures. Ian Dunlap and Troy Millings weigh in, asserting that economic crashes can negate any positive projections or forecasts.A primary focus of this clip revolves around signs pointing to a potential recession. Troy elucidates the political dynamics in play, noting how media portrayal might change following political shifts. Rashad and Troy acknowledge the bond market's weakening yet delve into the S&P's recent performance, which reflects resilience despite broader economic challenges.The clip deftly transitions to the geopolitical landscape, examining the repercussions of global tariffs and tensions, particularly surrounding Ukraine and the Middle East. Ian Dunlap sheds light on the multifaceted risks posed by these factors, including the potential for economic disruptions.Challenging traditional indicators, Ian underscores that the stock market is not a direct reflection of recessionary movements, positioning it as a lagging indicator. As our trio navigates uncharted economic territories, they provide essential insights into why the numbers may lose significance amid heightened uncertainty.The discussion turns to hyper concentration in the tech sector, with tech giants like Microsoft and Nvidia standing out in an environment of market flux. Rashad highlights patterns observed in the Russell 100, drawing attention to market dynamics over the past few years. Our experts explore the cyclical nature of presidential terms, analyzing investor strategies during transitional periods.Amidst these thought-provoking analyses, our speakers touch on the erratic decision-making processes affecting the market's stability. Rashad and Ian critique the irrationalities influencing policy decisions, warning of the complications they might pose for the economy.This Market Mondays clip is essential viewing for anyone seeking to navigate the complex web of market trends and economic uncertainty. Gain a deeper understanding of how current events, from tariffs to geopolitical complexities, impact the broader economic landscape. Don't miss these actionable insights from our seasoned experts.Tune in for this compelling discussion and equip yourself with the knowledge needed to stay ahead in volatile times. Don't forget to subscribe to Market Mondays for more in-depth analyses and continuous updates on the financial markets.#MarketMondays #EconomicUncertainty #RecessionRisk #FinancialTrends #GlobalEconomy #SPEarnings #GeopoliticalTensions #StockMarketAnalysis #InvestmentInsights #FinancialCommentary #MarketTrendsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this engaging clip from Market Mondays, hosts Ian Dunlap, Troy Millings, and Rashad Bilal delve into the latest developments surrounding Nvidia and the broader chip sector. With Nvidia's stock showing significant volatility in recent times, the hosts provide a critical analysis of the factors influencing the semiconductor market and what investors can expect moving forward.The discussion kicks off with Rashad highlighting Nvidia's recent performance, marking a dramatic roller coaster ride in its stock valuation. Despite an initial decline, the stock witnessed a miraculous rally, stirring an insightful conversation about the broader chip sector, including key players like SMH, TSM, and Broadcom. Ian Dunlap emphasizes the negative year-to-date trajectory of these stocks, setting the stage for an in-depth debate on the future of the chip trade.Ian asserts that the chip trade, while still a good long-term investment, will not yield the massive returns seen in the past couple of years. He points to geopolitical concerns, particularly tensions with China, as major factors affecting the industry. The potential ramifications of chip smuggling and technological competition between the US and China form a crucial part of the conversation, revealing the complexities of international market dynamics.Troy Milings counters Ian's viewpoint, suggesting that the chip trade is not entirely over. He stresses the impact of the Federal Reserve's rate cuts and the ongoing tariffs on economic performance, especially referring to discussions with top AI professionals that underscore the market's volatility. Troy posits that despite the challenges, American companies like Nvidia, Microsoft, and Apple are poised to navigate these obstacles, provided that tariffs and geopolitical risks are adequately managed.The hosts also delve into the strategic maneuvers by tech CEOs visiting the White House and how these high-level discussions could potentially shape the trajectory of the semiconductor industry. Troy suggests that a resolution to tariffs and restoring business relations with China could rejuvenate Nvidia’s performance, reinforcing the need for strategic alliances in maintaining global business competitiveness.Ian raises a critical perspective on global business wars, drawing attention to the increasing influence of BRICS nations and the intricate dynamics of international competition. The conversation explores how America’s top technology firms can sustain their edge amidst rising challenges from global players, especially those in China.Despite varying viewpoints, the hosts agree on Nvidia’s potential for long-term growth. Rashad concludes by emphasizing the importance of a strategic approach for investors. Whether Nvidia's stock will attain its previous highs within a specific timeframe remains unknown, but the hosts encourage viewers to recognize the stock’s enduring potential as a long-term investment opportunity.Join Ian, Troy, and Rashad in this thought-provoking clip as they explore the intricate world of semiconductors, global economic influences, and where the smart money might be heading next. Whether you're an investor or simply interested in the fast-evolving world of technology and finance, this Market Mondays clip offers valuable insights to navigate current trends and prepare for future shifts in the market landscape.#Nvidia #Semiconductors #MarketMondays #InvestingInsights #GlobalEconomy #ChipSector #TradeWars #FinanceTalksAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of Earn Your Leisure, we sit down with Carolyn Aronson, the CEO and founder of It’s A 10 Haircare, to uncover how she built one of the most successful independent beauty brands in the world.Carolyn shares the strategies behind It’s A 10’s explosive growth, including how giving away millions of free samples turned her brand into a multi-million-dollar powerhouse. She also breaks down how she grew her company by 1,000% through branding and social media marketing, expanded into 125 countries, and kept It’s A 10 relevant in the beauty industry for nearly 20 years.We also discuss the challenges of buying out a business partner, the importance of financial literacy for entrepreneurs, and how her first haircare business failed in 18 months—only for her to come back stronger and build a $500M empire. Carolyn emphasizes why a slow and steady approach is key, how to trademark a beauty brand, and the biggest challenges she faced as a CEO.This is a must-watch for entrepreneurs, beauty industry professionals, and anyone looking to build a global brand from the ground up!#EarnYourLeisure #ItsA10Haircare #CarolynAronson #Entrepreneurship #BeautyIndustry #BrandBuilding #Marketing #SocialMediaMarketing #BusinessGrowth #FinancialLiteracy #CEO #Haircare- [00:00:00] - Rashad Bilal welcomes back the audience and introduces the guest, Carolyn Aronson.- [00:00:21] - Mention of Kelsey, Travis Kelsey, and Tyson Beckford.- [00:00:42] - Discussion about It's a 10 Enterprises operating in numerous countries and its sales.- [00:01:03] - Carolyn Aronson is honored to be named on Forbes 50 over 50.- [00:01:49] - Carolyn describes the Rewind it 10 product and its qualities.- [00:02:30] - Discussion about Carolyn's journey from a hairdresser to starting her company.- [00:03:22] - Introduction of It's a 10 haircare and the miracle leave-in product.- [00:04:06] - Troy asks about the initial product and marketing strategies.- [00:06:05] - The concept behind the name, It's a 10, is discussed.- [00:07:18] - Rashad asks about the initial marketing efforts.- [00:09:09] - Carolyn discusses the failure of her first company.- [00:11:41] - Carolyn talks about learning from initial failures about business efficiencies.- [00:14:14] - Carolyn describes the early challenges and a breakthrough in California.- [00:15:05] - Carolyn discusses what contributed to the company's success.- [00:16:53] - Discussion about financial literacy and managing growth.- [00:19:00] - The importance of adapting to social media and e-commerce strategies.- [00:22:07] - Building a team and the importance of fitting within a company culture.- [00:23:09] - Carolyn talks about product inclusivity and her background.- [00:27:26] - The launch and strategy behind Rewind it 10.- [00:32:20] - Carolyn discusses the acquisition focused on hair growth.- [00:37:20] - Discussion on being a female entrepreneur in a male-dominated industry.- [00:39:23] - Rashad mentions Target's diversity cutbacks and product inclusion challenges.- [00:41:12] - Protecting brand and product formulas legally.- [00:44:23] - Discussion on various business ventures like real estate and chartering.- [00:46:22] - Carolyn shares thoughts on her company's legacy.- [00:47:49] - Discussion about expanding into different regions, particularly targeting Japan.- [00:49:33] - Carolyn's final message and encouragement to women entrepreneurs.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Hosts dive into the complexities of market shifts caused by unpredictable political decisions. They share insights from a Fortune 500 executive on how constant changes in tariffs and regulations disrupt business planning. The discussion highlights why markets favor stability and consistent policies. Unpredictability can lead to erratic decisions that ripple globally, showcasing the intricate connections in commerce. The conversation reveals how these sudden shifts create challenges for businesses and governments alike.