Earn Your Leisure

Entrepreneur and business partner Rich Kleiman discusses the concept of a family office and how it manages multiple income streams for NBA superstar Kevin Durant. They also delve into the role of family offices in building generational wealth and establishing a philanthropic legacy. Kleiman shares insights on the logistical aspects of Durant's life as a professional athlete and the influence of meeting influential individuals in the business and investing world. The chapter on investment strategies emphasizes the importance of aligning investments with personal interests and explores opportunities in real estate, consumer brands, and owning businesses.

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings dive into the topic of Tesla, discussing the bullish and bearish perspectives on the company. The conversation begins with the mention of a famed analyst's estimate that Tesla stock could potentially decline to $50 per share. While this drastic decline seems unlikely to the hosts, they acknowledge the weaknesses and challenges that Tesla faces.Ian Dunlap voices his admiration for Tesla as one of his favorite companies, highlighting its combination of tech and energy within the automotive industry. He mentions Tesla's strength as an innovator and its position as a leader in the EV space. However, Ian also points out the weaknesses in Tesla's business, such as the lack of focus from Elon Musk and the low profit margins compared to other companies like Nvidia.Troy Millings adds to the discussion by highlighting the competition that Tesla faces in the EV space, particularly from companies like BYD. He acknowledges the decline in shopping consideration for Tesla's Model S and the need for the company to stay ahead of the competition. Troy also mentions the potential impact of interest rates and a possible recession on Tesla's future outlook.The hosts discuss the importance of Tesla's focus and leadership, emphasizing the need for better profitability margins and faster product rollout. They mention the importance of Tesla's direct-to-consumer business model and the advantage it provides. The conversation also touches on the potential of Starlink, another venture by Elon Musk, and its influence on Tesla's future success.The hosts conclude that while a decline to $50 per share seems extreme, there are valid bearish points to consider. They express their bullishness on Tesla's long-term potential and highlight the need for continued innovation, increased profit margins, and strategic partnerships in order to maintain Tesla's dominance in the EV market. #tesla #stockanalysis #EV #bullishonTesla #bearishonTesla #businessmodel #profitmargin #innovation #competition #focus #leadership #Starlink #futureoutlook #collaboration #directtoconsumer #technology #automotiveindustry #EYL #stockmarket #investment #financeOur 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

In this video, the hosts of EYL (Earn Your Leisure), Rashad Bilal, Ian Dunlap, and Troy Millings, discuss various topics related to investing and business. The conversation begins with a discussion on Moody’s downgrade of the US credit rating and its implications for the investing environment. Ian expresses some concern about the downgrade but emphasizes that it is not a major cause for alarm. He points out that the market has been volatile for the past couple of years, with rising interest rates and a decrease in interest in buying US debt. He also mentions geopolitical issues, such as China's reduced purchases of Boeing airplanes, which contribute to the current climate of uncertainty.While the hosts acknowledge that the current situation is not ideal, they also highlight the potential opportunities for investors. Ian believes that the lack of positive news and outcomes in the current environment actually makes it a good time to invest. He advises against waiting for a hype cycle and encourages viewers to take advantage of the down cycle by investing in assets when they are undervalued.The conversation then shifts to discuss specific companies and their recent performance. Troy mentions HubSpot, a company in the CRM (Customer Relationship Management) space. He shares his analysis of the company's earnings and stock performance, noting a recent increase after a pullback. Troy emphasizes the importance of doing thorough research on companies before making investment decisions and highlights the value of long-term investments.The hosts also discuss the collaboration and partnerships between big tech companies and AI generative companies. They specifically mention Microsoft, Google, Amazon, and their respective partnerships with Chat GPT, Anthropic, and OpenAI. Ian expresses his confidence in these companies and their leadership in the AI space. He encourages viewers to invest, emphasizing that this tech boom will be comparable to the social media boom of the past decade.The video concludes with the hosts reminding viewers to hit the like button and share the video. They engage in a light-hearted banter about corporate emails and express their love for their audience.Hashtags: #investing #business #UScreditrating #Moody's #volatility #geopoliticalissues #opportunities #undervaluedassets #CRM #HubSpot #earnings #stockperformance #research #longterminvestments #bigtech #AIgenerativecompanies #Microsoft #Google #Amazon #ChatGPT #Anthropic #OpenAI #techboom #socialmedia #EYLOur 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

In this episode of the EYL YouTube channel, hosts Rashad Bilal, Ian Dunlap, and Troy Millings welcome special guest Isaac Hayes III to discuss his recent milestone achievement in the world of equity crowdfunding. Isaac Hayes III made history by becoming the first black man to raise $10 million through a Reg CF (Regulation Crowdfunding) campaign.The conversation begins with a brief explanation of what Reg CF equity crowdfunding is and why it is significant. Isaac explains that minorities, including African Americans, often face difficulties raising capital for their businesses, with limited access to loans and venture capital. However, the JOBS Act, initiated by former President Barack Obama and Vice President Joe Biden in 2012 and enacted in 2015, allows any person to raise capital from the general public for their business, regardless of net worth or annual income, up to $1 million. This regulation has opened doors for entrepreneurs like Isaac to raise funds from non-accredited investors and support their small businesses.Moving forward, the hosts inquire about advice and insights for those looking to break into the tech space. Isaac emphasizes that there is no limit to what people can achieve. He encourages aspiring entrepreneurs to study and learn the landscape of their desired field. Isaac also reflects on his own journey and expresses gratitude for taking his own path rather than following others. He believes that his inexperience in the tech space allowed him to be more creative and avoid potential dead ends.The conversation then shifts to address concerns about larger companies taking ideas and creativity from smaller businesses. Isaac reassures that there is enough room for everyone and that social media platforms have lifespans. He considers fanbase, his own platform, as a future successor to larger platforms. Isaac asserts that black culture has a history of innovation in technology, and tech companies often take ideas from the community to develop new technologies.The discussion further delves into the intricacies of equity crowdfunding. Rashad raises concerns about investor education, as lack of understanding can lead to misconceptions and potential scams. Isaac provides insights into the process, emphasizing the distinction between post-IPO and pre-IPO investing. He explains the accredited investor rule, which limits access to early-stage company investments to those with a high net worth or substantial income. Equity crowdfunding, on the other hand, allows people to invest smaller amounts, creating opportunities for individuals who might not have the means to invest large sums.The hosts conclude by discussing fundraising strategies and determining the amount to be raised. Isaac highlights the importance of balancing equity and valuation, ensuring that the company retains enough value while raising the necessary funds. He shares his approach of keeping valuations reasonable and avoiding giving away excessive equity, thereby increasing his leverage in the long run.Overall, this episode sheds light on the significance of equity crowdfunding, the obstacles faced by minority entrepreneurs, and the innovative potential of the black community in the tech space. Isaac Hayes III's achievement serves as inspiration and motivation for aspiring entrepreneurs looking to pave their own paths in the business world.#EYL #EquityCrowdfunding #RegCF #IsaacHayesIII #MinorityEntrepreneurs #TechSpace #BlackCultureInnovation #InvestingInsights #StartupFundraising #ValuationStrategies #FinancialEducationOur 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

In this episode of Market Mondays, Rashad Bilal, Ian Dunlap, and Troy Millings discuss the upcoming US government shutdown and its potential impact on investors. With the shutdown just days away, concerns are mounting, but should investors really be worried? Tune in as the hosts share their insights and analysis on the matter, providing a balanced perspective for viewers.#GovernmentShutdown #InvestingAdvice #PoliticalDrama #MarketMondaysMedium #EYLVideo Transcript:0:00 - 1:29 Rashad and Ian discuss the implications of the government shutdown on investors and market stability.1:35 - 2:20 The hosts comment on the recent Republican debate and the lack of viable candidates for the presidency.2:29 - 3:47 Troy emphasizes that while investors may not need to worry, federal workers will be directly affected by the shutdown.3:50 - 4:35 The hosts compare the political stalemate to a wrestling match, highlighting the theatrics involved.4:39 - 5:43 Rashad raises concerns about Joe Biden's age and the potential impact on his ability to serve as president.5:43 - 6:37 The hosts discuss the importance of highlighting Biden's vice president to instill confidence in voters.Join EYL as they break down the latest developments in the government shutdown and unravel the political drama surrounding it. Find out what impact, if any, the shutdown will have on investors and gain valuable insights into navigating the market during uncertain times.#InvestmentStrategy #PoliticalAnalysis #MarketInsights #EconomicOutlook #USGovernmentShutdown #InvestmentTipsHosted by Rashad Bilal, Ian Dunlap, and Troy Millings, this episode of EYL's Market Mondays Medium provides viewers with expert analysis and advice on investing amidst political challenges. Don't miss out on this in-depth discussion that delves into the murky waters of government shutdowns and their implications for investors.#Investing101 #FinancialEducation #EYLCommunity #InvestorCommunity #EconomicImpact #StockMarketUpdates #FinancialNews #InvestingAdviceMake sure to like, comment, and subscribe to EYL for more insightful content that caters to the needs of investors. Stay tuned as the hosts continue to delve into various topics related to investing, finance, and entrepreneurship.#InvestWisely #FinancialFreedom #EYLChannel #InvestmentEducation #MoneyMatters #WealthBuilding #EYLFamily #InvestorsUnite #FinancialSuccess #EntrepreneurMindsetOur 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

In this episode of Market Mondays Live Chicago, the hosts sit down with guest Rashauna Scott, a local realtor and investor, to discuss investment tips and programs for first-time home buyers in Chicago. They cover topics such as house hacking, grants, best practices for being a landlord, and hot areas to invest in. - House hacking: Learn about the strategy of buying a property and renting out other areas to cover your mortgage and live for free.- Grants and programs: Discover programs like NACA, FHA, and IDA that offer low or no down payment assistance for buying a home or multi-unit property.- Best practices for landlords: Get advice on screening tenants, hiring a property management company, and utilizing subsidy programs to ensure a smooth rental experience.- Hot areas to invest in: Explore upcoming developments like the Obama Library and Woodline, as well as neighborhoods such as Lawndale and Austin that have seen significant growth in property values.- The importance of ownership: Understand the long-term benefits of owning property and how to leverage your first purchase to build wealth through future investments.00:00 Intro03:24 House hacking is popular for making money.05:30 NACA offers lower interest rates for property purchases, but not for those with time constraints.08:06 Utilize VA loan for property purchase, benefits.11:13 MMRP: Micro Market Recovery program in Chicago.15:57 Airbnb, short term rentals, attorney, eviction, rental assistance.16:58 Consider hiring property management company if inexperienced. Market rate tenants may require subsidies.22:17 Commercial property offers advantages to out-of-state investors. In Chicago, off-market deals still exist. Ownership is important, even if not mortgage-free.24:35 Profit from buying real estate with assistance programs.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

Join us in this riveting episode as we sit down with Rich Kleiman, the mastermind behind some of the biggest moves in sports and business. Dive into the details of Kevin Durant's journey, entrepreneurship insights, and the world of sports investments.- Rich Kleiman unfolds the story behind Kevin Durant's significant move to the Nets, shedding light on the decisions that led to this change.- Discover the best advice for budding entrepreneurs: the importance of putting in the work and staying dedicated.- Explore the origins of the series "Swagger," inspired by the rec center where Kevin Durant played during his formative years.- Kleiman shares his pride in the 'NYC Point Gods' project, calling it his most cherished endeavor.- Gain insights into the future of sports from a business perspective, as envisioned by Rich Kleiman.- Learn how moving to Golden State opened new avenues for Kevin Durant and his team to invest in promising startups.- Delve into the exciting world of Major League Pickleball, where Kevin Durant and Rich Kleiman recently made a significant team purchase.- Uncover the critical factors to consider when investing in startup companies.- Rich Kleiman delves into Kevin Durant's investment journey, with a focus on Postmates.- Hear about Kleiman's transformative experience working at Roc Nation, which honed his skills for future success.- Starting as a music manager, Rich Kleiman's journey at Roc Nation took an intriguing turn as he began managing athletes.- The importance of building trust in business relationships, a key element in the successful partnership between Rich Kleiman and Kevin Durant.- Get an inside look into the "Swagger" series and what makes it stand out.- Rich Kleiman reveals the creative process behind "The Boardroom," and its unique approach to sports and business discussions.- Reflect on the impact of NYC legends like Rod Strickland on the basketball world.- Debate the best NYC point guard ever and the legacies they left behind.- An in-depth look at how 35 Ventures' family office operates and its influence in the sports and business sectors.- Rich Kleiman's personal journey to becoming an enthusiast and investor in pickleball.- The critical need for athletes to control their narratives in today's media landscape.- A deep dive into Rich Kleiman's entrepreneurial spirit and his path to success.- A detailed breakdown of the operations at 35 Ventures, offering a glimpse into this influential enterprise.- What does a lifetime deal with Nike entail? Explore the specifics and significance of such partnerships.- The strategic move by Kevin Durant to announce his transition to Golden State on his own platform, ensuring control over his narrative.- A closer look at Kevin Durant's impressive investment portfolio and the decisions that shaped it.Join us for this enlightening conversation, packed with insider knowledge, exclusive stories, and expert insights on sports, business, and the art of entrepreneurship.#RichKleiman #SportsBusiness #KevinDurant#Pickleball #NYCPointGods #rocnationOur 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

Entrepreneur and CEO Derrick Hayes joins hosts Rashad Bilal and Troy Millings to discuss the mindset of a winner, the challenges of being a CEO, and creating opportunities for others. Derrick emphasizes the importance of self-improvement, not settling for mediocrity, and pursuing one's passions. He also talks about his ventures in Hollywood and content creation, choosing projects that align with his values. The podcast explores topics such as building a mission-driven team, the importance of vision and financial literacy, and raising children as successful entrepreneurs.

In this video, Rashad Bilal, Ian Dunlap, and Troy Millings discuss the recent rise in the stock market and explore new investment opportunities in the crypto space. They analyze the factors that contributed to the S&P 500's 5.9% increase in the past week, including the pause in interest rates and the need for mutual funds and hedge funds to bring on new clients. They also highlight how the slowing economy and the decision to freeze interest rates have positively impacted the stock market.The hosts emphasize that the month of November historically tends to be the best time to trade in the stock market, and they explain how these trends can influence investment decisions. They touch on job indicators, such as the addition of only 150,000 jobs to the economy and the rise in the unemployment rate, suggesting that these can be interpreted as positive signs for the stock market.Moving on to the topic of cryptocurrencies, the hosts mention that Coinbase, despite reporting losses for the seventh consecutive quarter, has seen an uptick in its stock due to the overall positive trajectory of the crypto market. They discuss the potential buying opportunities for Coinbase, with Ian Dunlap suggesting a favorable entry point at around $72. They also discuss the correlation between trading volume, revenue, and the stock price of Coinbase, emphasizing the need to consider various factors when analyzing its performance.The conversation then shifts to the broader topic of stocks related to crypto. While the hosts mention that they personally invest directly in cryptocurrencies like Bitcoin and XRP, they do not recommend specific stocks tied to crypto. They discuss the challenges faced by companies in the crypto space, particularly with regards to potential competition from institutions like BlackRock and the ongoing legal battle involving Coinbase and the SEC. They caution against investing in crypto-related ETFs, emphasizing the need to consider the larger players and potential regulatory issues.In conclusion, Rashad, Ian, and Troy provide insights into the recent stock market gains and the opportunities in the crypto market. They highlight the factors influencing the rise in the stock market, including interest rates and job indicators. They also discuss the performance of Coinbase and offer insights into the potential risks and opportunities associated with it. Additionally, they discuss the challenges and considerations for investing in stocks related to crypto, urging viewers to carefully evaluate the landscape and the evolving regulatory environment.#StockMarket #InvestmentOpportunities #Crypto #Cryptocurrency #S&P500 #InterestRates #JobIndicators #Coinbase #ETFs #TradingVolume #Revenue #BlackRock #LegalBattle #Investing #FinancialAdvice #MarketTrends #Economy #MoneyManagement #WealthCreation #PortfolioDiversification #FinancialEducationOur 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

In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings discuss why the legendary investor Warren Buffett is hoarding a record-breaking stockpile of cash. With a staggering $157 billion in cash reserves, Berkshire Halfway's strategy has caught the attention of investors and economists alike.Ian Dunlap emphasizes that Warren Buffett's large cash reserve indicates a lack of investable assets in the current market. He suggests that commercial real estate, especially in San Francisco, may be overvalued, and a potential bubble is on the verge of bursting. The city's significant homeless issue and potential bankruptcy risk further support this claim. When the bubble does burst, having ample cash on hand allows investors like Buffett to swoop in and purchase assets at the right price.Ian Dunlap also points out the importance of timing in the market. He advises against buying assets solely based on hype or current trends, and instead urges investors to look at macro opportunities. Notably, famous investors like Druckenmiller, Jones, Buffett, and Blackrock are not aggressively buying at the moment, suggesting that it may not be the right time to enter the market.Rashad Bilal adds that hoarding cash serves as a preparation for a rainy day. Being prepared allows investors to seize opportunities when they arise, while others get drenched. Warren Buffett's strategic plan in accumulating cash is not accidental but a deliberate approach to maximize future investments.Troy Millings brings attention to the travel tendencies of investors like Warren Buffett. By analyzing their travel destinations and the thriving economies in those regions, investors can gain insights into their next investment moves. Millings highlights Buffett's visits to China, Taiwan, and conversations about the semiconductor industry as indications of his interests and potential investment directions.The discussion also touches upon the significance of Apple in Buffett's portfolio. Apple has become a safe investment option, outperforming bonds and providing steady returns. Ian Dunlap suggests that investing in companies and opportunities that offer safety and consistent returns is crucial, as not many investments can deliver extraordinary profits.Finally, the hosts urge viewers to recognize the importance of making informed investment choices and finding reliable sources for financial advice. Ian Dunlap encourages those who have benefited from his investment strategies to acknowledge it, emphasizing the rarity of individuals who consistently generate profits for others.This episode of EYL delves into the reasons behind Warren Buffett's cash hoarding strategy and the implications it may have for the overall economy. It offers valuable insights and prompts viewers to consider the macroeconomic factors influencing investment decisions. Tune in to understand why one of the world's most successful investors is opting for cash as the best bet for future opportunities.#WarrenBuffett #Investing #CashReserves #Economy #AssetInvestment #CommercialRealEstate #MarketBubble #TravelTendencies #InvestmentStrategy #Apple #InvestmentSafety #FinancialAdvice #EYL #Entrepreneurship #FinanceDiscussionOur 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