

Earn Your Leisure
EYL Network
Welcome to The Earn Your Leisure Podcast. Rashad Bilal and 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. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast
Episodes
Mentioned books

Jul 15, 2024 • 10min
Mastering Sales: How to Build Rapport and Break Down Barriers
Sales expert Danyel King shares insights on building rapport and breaking barriers in sales. Key topics include using compliments to connect, understanding client needs, and simplifying the sales process. Learn how to qualify clients effectively and keep it super simple for successful sales.

Jul 14, 2024 • 9min
Cliff Notes: Revolutionizing Business with AI: What Van Jones is Bringing to Invest Fest
Welcome to another exciting episode of Market Mondays! In today's video, our hosts, Rashad Bilal, Troy Millings, and Ian Dunlap, have a fascinating conversation with the incredible Van Jones. Van shares his ambitious plans for InvestFest and his nonprofit organization - Dream Machine Innovation Lab - that aims to empower the Black community through artificial intelligence (AI).Van Jones passionately emphasizes the transformative potential of AI, encouraging everyone, especially underrepresented communities, to embrace this technology as a "jetpack" for their businesses rather than fearing it as a "hand grenade." He draws parallels between today's AI revolution and the cultural revolution led by hip hop, urging the community to harness this new technology creatively and disruptively.Van discusses his innovative program, the Dream Machine AI Academy, which he launched with Will.i.am under the campaign "Make Wakanda Real." This program aims to make advanced AI tools accessible and understandable for everyone, irrespective of age or experience. Van highlights how AI can democratize opportunities across various fields, from making films and business plans to creating music and generating discretionary income.During the weekend of Juneteenth, the Dream Machine AI Academy held its first-ever session in Atlanta, attracting around 500 participants across a wide age range. Supported by giants like Microsoft and Amazon, the academy provided a crash course on AI tools, leaving attendees hopeful and excited about the future.Troy Millings queries about the feedback and reception from the initial class, to which Van responds positively, noting the participants' newfound optimism amid a challenging political and economic landscape.Ian Dunlap brings up the high costs associated with large language models and inquires about niche models that might benefit the community. Van underscores the importance of just starting with the available tools, emphasizing how AI can significantly streamline tasks, enhance productivity, and save costs, thereby preventing businesses from falling behind.He also touches on the considerable, yet untapped, power the Black community holds in various spheres – political, cultural, and spiritual. Van advocates for leveraging these aspects collectively to demand access to computing resources from tech giants, ensuring that African American institutions and businesses can stay competitive in the AI-driven future.Van’s enthusiasm is palpable as he anticipates bringing this revolutionary program to InvestFest, an event dedicated to fostering financial literacy, entrepreneurship, and innovation within the Black community.Join us in this enlightening conversation as we explore how AI can be a catalyst for change and uplift the community. Don’t forget to like, comment, and subscribe to stay updated on all things Market Mondays!#MarketMondays #InvestFest #VanJones #ArtificialIntelligence #AI #DreamMachineAI #Innovation #Entrepreneurship #BlackBusiness #FinancialLiteracy #WillIAm #MakeWakandaReal #TechForGood #BusinessGrowth #AIRevolution #CommunityEmpowerment #Microsoft #Amazon #CultureRevolution #HipHopTech #Juneteenth #BlackExcellence---Tune in and learn how you can be at the forefront of the AI revolution, ensuring you’re not just keeping up, but leading the charge. See you at InvestFest!Our Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 13, 2024 • 5min
S&P 500's Stellar Performance in 2023 – Insider Tips on Investing!
Welcome back to another thrilling clip of Market Mondays! In today's video titled "S&P 500's Stellar Performance in 2023 – Insider Tips on Investing!," our hosts Rashad Bilal, Troy Millings, and Ian Dunlap dive deep into the robust performance of the S&P 500 in the first half of 2023. The S&P 500 has returned a remarkable 15% with an unusually smooth ride, prompting us to explore its future trajectory and the best investment strategies moving forward.*Segment Breakdown:*00:00 - *Introduction* Rashad kickstarts the discussion by highlighting the key figures - a 15% return by the S&P 500 in the first half of 2023. For those who feel they may have missed out, Ian Dunlap emphasizes the importance of holding long-term and investments in ETFs and indexes.00:48 - *Market Predictions* Ian shares his optimistic outlook, suggesting that the market should end the year at least 21% up. Despite some analysts predicting a 30% drop, Ian doesn't see that happening. He stresses that the biggest takeaway is to hold ETFs and indexes for the long term, referencing historical data to back his point.01:27 - *Historical Insights* Troy chimes in with some fascinating statistical insights from the past 40 years. He points out that when the S&P has a double-digit gain in the first half, it usually goes higher, underscoring the significance of tech stocks' contribution to these gains.02:32 - *Technology and AI Influence* We delve into how tech giants like Nvidia, Microsoft, Alphabet, and Amazon have collectively contributed significantly to the S&P 500's gains. With a strong rebound from the tech sector following 2022, Troy explains how Nvidia and the AI revolution have been pivotal in the first half of 2023.03:54 - *Investment Strategies and Recommendations* Rashad provides the closing thoughts, emphasizing that it's always a good time to invest in the S&P 500. He discusses the importance of index funds as a safe and intelligent investment strategy, aligning with the advice of renowned investors like Warren Buffett. Rashad stresses the simplicity and effectiveness of consistent, monthly investments into index funds for long-term gains.This episode is packed with invaluable insights for both seasoned investors and newcomers! Join us as we unravel the secrets behind the S&P 500's current performance and equip you with the knowledge to make informed investment decisions.*Don't miss out - hit the play button now!**Hashtags:* #MarketMondays #SP500 #Investing #TechStocks #AIRevolution #Nvidia #Microsoft #Alphabet #Amazon #IndexFunds #ETFs #LongTermInvesting #WarrenBuffett #InvestmentStrategies #StockMarket #Finance #Economy #2023Investments #FinancialLiteracy #MarketTrends #TechSector #AIGrowth #InvestmentAdvice #FinancialTips #WealthBuilding #StockGainsJoin the conversation and share your thoughts in the comments below. We love hearing from our community!*Disclaimer:* The opinions expressed in this video are for informational purposes only and should not be considered as investment advice. Always consult with a financial advisor before making any investment decisions.Our Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 12, 2024 • 11min
Study Hall: AI, Biotech, and Quantum Computing: The Next Technological Revolution with Van Jones
Welcome to another insightful episode of Market Mondays! In this special edition, we dive deep into the world of Artificial Intelligence (AI) and its multifaceted impact on business, politics, and society. Hosted by Troy Millings, Rashad Bilal, and Ian Dunlap, this episode features the esteemed Van Jones, sharing his perspectives on the AI revolution and its potential to either elevate or undermine communities, particularly in the context of economic opportunities.*Key Topics Discussed:*- *Understanding AI and Its Implications:* Van Jones emphasizes the importance of AI beyond personal and business use, focusing on the broader opportunities it presents. He brings attention to the layers and levels within AI that hold significant potential for investment and innovation. - *Intersection of Politics and AI:* Jones sheds light on the current political climate regarding AI development and regulation. He discusses the tension between promoting innovation and protecting society from potential AI-related risks, including the global AI race with China.- *Future Technological Revolutions:* Beyond AI, Jones mentions the upcoming biotech and quantum computing revolutions. These technologies promise to transform industries, from healthcare to cybersecurity, creating new opportunities and challenges.- *Economic Empowerment and AI:* The conversation highlights the urgent need for communities, especially black communities, to be informed and actively engaged in the AI economy. Jones stresses that there's immense potential for financial upliftment if communities invest wisely in AI technologies.- *InvestFest 2023:* Both Van Jones and will.i.am will be at InvestFest 2023, underlining the festival's importance as a hub for learning and networking about AI and other transformative technologies. This festival represents a unique opportunity for anyone serious about leveraging AI for personal, business, and community growth.*Notable Quotes:*- "There are gonna be people who are broke right now who are going to be rich tomorrow because of AI." - Van Jones- "This AI boom is probably going to be 100 or 200 times bigger than the dot-com boom of 99, 2000." - Ian Dunlap- "If you don't come to InvestFest, something's wrong with you. You're not serious." - Van JonesJoin us for this episode of Market Mondays as we explore the vast and evolving landscape of AI with expert insights that can empower you to navigate and capitalize on these technological advancements. Whether you're a tech enthusiast, investor, or simply curious about the future, this episode is packed with valuable information you won’t want to miss.*Hashtags:*#MarketMondays #Investing #AI #ArtificialIntelligence #TechRevolution #VanJones #InvestFest #QuantumComputing #Biotech #FinancialEducation #BusinessGrowth #Innovation #EconomicEmpowerment #TechIndustry #FutureOfWork #BlackExcellence #CommunityDevelopment #TechTalk #AIInvestment #Startups #TechPolicy---Tune in, get informed, and stay ahead with Market Mondays. Don't forget to like, comment, and subscribe for more episodes where we break down the biggest trends and opportunities in the market!Our Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 11, 2024 • 6min
Nike's Future in Jeopardy?
In this episode of Market Mondays, hosts Troy Millings, Rashad Bilal, and Ian Dunlap dive deep into Nike's recent struggles and future prospects. Following the news that Nike's stock fell after projecting a larger-than-expected sales decline for 2025, the hosts share their sharp insights on what this means for investors and sneaker enthusiasts alike.Ian Dunlap kicks off the discussion, expressing his skepticism about investing in Nike at this time. He emphasizes the need for Nike to stop re-releasing the same Jordans and Dunks, noting that consumers are growing tired of the lack of innovation. Ian also highlights how competitors like Crocs and Lululemon are gaining ground and suggests that Nike's failure to retain top creatives such as Kanye, Don C, and Kyrie could be detrimental. He argues that unless Nike can secure creative powerhouses and innovate substantially, it will struggle to maintain its competitive edge.Troy Millings agrees, pointing out that as an avid sneakerhead, he isn't currently investing in Nike for several reasons. He underscores the lack of innovation in their product lines and remembers the golden era of the mid-nineties when Nike introduced groundbreaking technologies like Zoom and Air. But those days seem like a distant memory now as the brand fails to introduce anything revolutionary. He notes that the collaboration strategy, while initially successful, has become a crutch rather than a stepping stone for innovation.As they dig deeper, the hosts discuss the broader sports and athleisure market, showing that Nike's struggles are part of a larger industry trend. They mention how competitors like Adidas and Under Armour are also experiencing declines, making it evident that the sector as a whole is under pressure. The conversation gets bleaker when Troy reveals that Nike reported its worst stock day on record and is already forecasting year-over-year declines through 2025.Moreover, the hosts point out several social and cultural missteps by Nike, including their handling of athletes like Colin Kaepernick and Kobe Bryant. The discussion touches on how Nike's current roster of athletes like Zion Williamson and Jason Tatum hasn't managed to capture the public’s imagination in the same way as the Jordans and Kobes of the past. The hosts suggest that without a new face to lead the brand or major innovation, Nike's ability to appeal to the next generation of consumers remains uncertain.The episode wraps up with a powerful observation by Ian Dunlap regarding the corporate culture at Nike. He questions whether the current executive leadership genuinely understands or uses the products they are trying to sell to the culture, making a compelling argument that this disconnect is part of the brand's current woes.Market Mondays MM Medium #6 isn't just about Nike's recent market performance—it's a comprehensive analysis of the brand's position in the market, its prospects for recovery, and where it stands in the eyes of both consumers and investors. Tune in to hear the detailed insights and recommendations from experts who know this industry inside and out.#MarketMondays #Nike #StockMarket #Investing #SneakerCulture #Athleisure #Finance #BusinessInsights #Innovation #NikeStock #Adidas #Lululemon #UnderArmour #IanDunlap #TroyMillings #RashadBilalOur Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 10, 2024 • 7min
Celebrity Influence and Black-Owned Luxury Brands
Welcome back to another exciting episode of EYL! In this episode, your hosts Rashad Bilal and Troy Millings sit down with the inspiring Donae Burston, the brilliant mind behind one of the fastest-growing rosé brands. Ever wondered about the complicated dynamics of celebrity-owned brands in the spirits industry? Or the challenges and triumphs of running a black-owned business in a traditionally white-dominated sector? This episode offers a deep dive into these topics and much more.Starting off with a thought-provoking discussion, Rashad questions whether celebrity brands hold less credibility in the spirit world. Donae offers his candid perspective, explaining how the "cookie cutter approach" of slapping a celebrity name on a product isn’t always a guaranteed formula for success. The conversation then steers towards the racial undertones in the branding of luxury goods. Certain challenges arise when a black entrepreneur puts his name and face on a product. Donae reveals how his PR team convinced him that being visible as a black owner was crucial, despite the risk of the brand being pigeonholed.Donae, who aims to make his rosé brand the number one in the world, rather than just the top black-owned rosé, dives into the nitty-gritty of what it takes to build a luxury brand. He underlines the importance of making sure the product feels and looks luxurious, comparable to the best in the industry. This desire extends beyond rosé to white and red wines, showing his broader vision for brand expansion.Another compelling segment revolves around team-building and operational strategy. Donae shares that his team consists of only four internal members, highlighting a lean, outsourced approach to manage cash flow effectively while bringing in top-tier talent on a project basis. He describes frequent collaborations through group chats for tasks ranging from label design to Instagram captions, ensuring every detail reflects the brand's luxurious ethos.Ever wondered how much time an entrepreneur like Donae dedicates to his venture? He confesses that the rosé business consumes most of his day, emphasizing the importance of focus when you're at a critical juncture in your business journey. Additionally, he reveals that now his biggest competitors are the companies he once worked for, illustrating a full-circle moment in his career.Donae also touches upon the occasional negative feedback from former colleagues and competitors, particularly about the role Jay-Z played in his previous work. Yet, this doesn’t deter him; rather, it fuels his ambition to outshine them with a younger, cooler, and high-quality rosé.This episode is packed with wisdom on navigating the complexities of branding, especially when racial and celebrity elements come into play. Donae's journey is a testament to resilience and a clear vision, attributes that are essential for any budding entrepreneur.Don't miss this enlightening conversation that balances business acumen with social insight. Make sure to like, comment, and subscribe to our channel for more inspiring stories and valuable lessons from industry leaders.#EYLMedium #Rosé #LuxuryBrand #BlackOwnedBusiness #Entrepreneurship #CelebrityBrand #WineIndustry #BusinessStories #Inspiration #Competition #TeamBuilding #BrandStrategy #DonaeBurston #SuccessStories #Podcast #Interview #JayZ #AceOfSpades #WineLoverTune in now and elevate your business knowledge with EYL!Our Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 9, 2024 • 53min
$100M Food Empire: Mario Carbone Breaks Down Restaurant Business, Marketing, & Running 30 Eateries
In this exclusive interview with Mario Carbone for Earn Your Leisure, we dive deep into the secrets behind the success of Carbone NYC and Miami, ranked as the #1 and #2 hardest dinner reservations to get. Mario Carbone shares insights on creating a successful restaurant, the biggest mistakes restaurants make, and how not excelling in high school helped him become a great chef.Discover how Mario met his business partner on the first day of culinary school, used his family's life savings to open Carbone, and the challenges he faced with his first restaurant. Learn about his data collection methods, the impact of local journalists, and why Carbone doesn't have a strict dress code. Mario also discusses the Carbone Beach deal with American Express and the benefits of mergers and acquisitions in the restaurant business.Don't miss out on Mario Carbone's expert advice and inspiring journey in the culinary world!#EarnYourLeisure #MarioCarbone #CarboneNYC #CarboneMiami #RestaurantSuccess #CulinaryJourney #Entrepreneurship #DiningExperience #RestaurantIndustry #BusinessGrowth #DataCollection #LocalJournalism #AmericanExpress #MergersAndAcquisitionsOur Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 8, 2024 • 21min
Is It Time for Biden to Step Down?
Welcome back to another insightful episode of Market Mondays! In this edition, Troy Millings, Rashad Bilal, and Ian Dunlap, delve into the recent presidential debate and its implications on both political and financial landscapes. The episode kicks off with a provocative question: *Who was the biggest winner in last week's presidential debate?* Our hosts don't hold back as they dissect the performances of key political figures, including President Joe Biden and former President Donald Trump. They explore whether it's time for President Biden to step down, citing his perceived lackluster performance and dwindling public support.Ian Dunlap provides a scathing critique, suggesting that international leaders might view Biden’s potential continuation in office as an easy win. He also mentions that despite some misinformation from Trump's side, his performance was solid, leaving many to wonder if the Democratic Party needs a leadership overhaul.Troy Millings shares his disappointment with Biden's debate showing, pointing to his inconsistent and sometimes incoherent responses. Troy expresses grave concerns about the Democratic Party's strategy and the significant time left until the November elections, suggesting that another poor debate could further jeopardize their position.Rashad Bilal echoes these sentiments, highlighting the Democratic Party's failure to listen to their base sooner. He articulates the growing discontent within the Black community and other demographic groups, pointing out that Biden's declining support is a result of unmet needs and unaddressed concerns.Our hosts also touch on the potential alternatives for Democratic leadership, with names like Gavin Newsom and Kamala Harris coming up, but none seem to generate much confidence. The discussion transforms into a broader look at the political landscape, with warnings to the Democrats about ignoring the voices of the people for too long.Moreover, the conversation doesn't shy away from addressing criticisms aimed at influential media platforms, including "Market Mondays." Rashad defends the channel against accusations of spreading misinformation, emphasizing their commitment to empowering liberal voices and facilitating honest discussions.This episode is packed with critical analysis, hard truths, and a call to action for political engagement. It's more evident than ever that the intersection of politics and economics is pivotal for the future, and "Market Mondays" is at the forefront of this dialogue.Don’t miss this episode full of insights and fiery debates. Be sure to like, comment, and subscribe to stay informed on how current events shape the market and your investments. *Join the conversation and let us know your thoughts on this week's topics:*- Should President Biden step down?- Who won the presidential debate?- What are the implications for the financial markets?*Subscribe* to our newsletter for exclusive insights and market analysis straight to your inbox!*Hashtags:*#MarketMondays #PresidentialDebate #Biden #Trump #Politics #Economy #Investing #Finance #LeadershipCrisis #PoliticalAnalysis #EYLTune in, stay informed, and keep your financial game strong with Market Mondays!Our Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 7, 2024 • 6min
Cliff Notes: MONETIZING YOUR AUDIENCE
Cam Kirk shares his unique approach to expanding his photography career using a music artist's formula. Learn how Cam leveraged his following to create Camp Kirk Studios, a physical space serving the Atlanta community, and his plans for global expansion.Learn how he monetizes his brand beyond just fan support, turning it into a multi-faceted empire. Cam discusses the importance of creating opportunities for the next generation, drawing parallels with music artists and their potential for additional revenue streams through personal studios.Cam also delves into the creation of Collective Gallery, his innovative photography label that financially supports and promotes upcoming photographers. Through a combination of marketing, investment, and mentorship, Collective Gallery aims to elevate photographers to new heights, similar to how record labels nurture musical talent.00:00 - Introduction00:18 - Turning a following into an empire00:38 - Creating Camp Kirk Studios01:16 - Monetizing your brand and studio01:56 - Launching Collective Gallery02:36 - Signing and investing in photographers03:34 - Expanding opportunities for photographers04:06 - Marketing and legal support for artistsOur Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Jul 6, 2024 • 9min
Social Security and Medicare Crisis: What It Means for Your Financial Future
Welcome back to another clip of Market Mondays. In this clip, we address a topic that has significant implications for millions of Americans— the potential insolvency of Social Security and Medicare. Bloomberg projects that Social Security will run out of money to pay full benefits by 2033 and Medicare by 2036. So, what does this mean for you, and what can we do about it? Let's dive in.*Key Discussion Points:**1. The Reality of Social Security and Medicare:*Ian Dunlap kicks off the conversation by shedding light on the dwindling funds. According to him, we've already been witnessing signs of this impending crisis, such as the financial troubles in Chicago. Troy Millings adds how our generation, born in the '80s, has always been warned of this, and now we see those predictions coming to fruition.*2. Self-Reliance in Financial Planning:*Ian emphasizes the importance of taking control of your own financial future due to the uncertainly surrounding these government programs. From investing in stocks to opening brokerage accounts, he stresses on diversifying income sources and savings. *3. Political Dimensions:*Rashad Bilal gives us a deeper understanding of the political intricacies that influence Social Security and Medicare. It’s not just about the money; it's about how Congress allocates the budget. Rashad points out that while Democrats might propose raising taxes to cover these costs, Republicans might argue to reduce spending. The real solution likely lies somewhere in the middle.*4. Impact on Healthcare:*Troy highlights another alarming issue: the skyrocketing costs of healthcare in America. Without Medicare, healthcare becomes even more exorbitant, making it all the more important to have substantial savings or alternative health coverage options.*5. Savings and Investments:*Rashad talks about the importance of liquid savings and investments to weather financial storms. The goal should be to have at least six months of savings, but having a year’s worth of liquid assets can provide more security.*6. Broader Economic Impacts:*Ian brings attention to the growing disparity between the rich and poor and the possibility of a "poor person’s recession," where the most vulnerable will bear the brunt of the economic downturn. He stresses the importance of financial preparedness not just for individuals but for the larger economic system.*Conclusion:*Our discussion underscores the urgency of financial self-reliance and political awareness. If Social Security and Medicare are on a rocky path, it’s more important than ever to take control of your financial destiny. Whether through diversified investments, liquid savings, or active political participation, the time to act is now.Don’t forget to like, share, and subscribe for more insights into financial markets, economic policies, and investment strategies. Click the notification bell so you never miss an update from Market Mondays.#MarketMondays #SocialSecurity #Medicare #FinancialPlanning #Investing #EconomicPolicy #HealthcareCosts #PoliticalAwareness #Savings #Stocks #BrokerageAccountsOur Sponsors:* Check out PNC Bank: https://www.pnc.com* Check out Square: https://square.com/go/eylAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy