

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

Nov 17, 2023 • 8min
Study Hall: The Steps and Challenges of Franchising a Restaurant
In this episode, Derrick Hayes, owner of a popular restaurant franchise, discusses the process of franchising his business and the importance of trusting his instincts. He also emphasizes the value of keeping his franchise's valuation and evaluation confidential. Additionally, Derrick explains the significance of the franchise disclosure document and financial details in attracting potential franchisees.

Nov 16, 2023 • 11min
Dubai's Real Estate Landscape: No Property Taxes, Interest-Free Mortgages, and More
Join Rashad Bilal and Troy Millings as they host Denise Williams to discuss the unique real estate and finance aspects in Dubai. Explore the differences in home buying processes and financial systems between Dubai and the Western world. Gain insights into investment opportunities, tax benefits, economic development, and the cultural nuances that make Dubai an exceptional global destination.#DubaiRealEstate #DubaiFinance #InvestingInDubai #DubaiTaxBenefits #RealEstateDevelopment #DubaiTourism #AbuDhabi #HomeBuyingProcess #FinancialSystems #EYLShow #EYLFinance #EYLRealEstate #DeniseWilliamsOur 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

Nov 15, 2023 • 17min
Robert F. Kennedy Jr. Says Reparations are "Very Obviously Unconstitutional"
In this eye-opening episode of EYL, hosts Rashad Bilal, Ian Dunlap, and Troy Millings sit down with guest Robert F. Kennedy Jr. to discuss reparations and prison reform. Kennedy shares his comprehensive approach to economic development in black communities and highlights the importance of equity and homeownership as essential components of economic empowerment.Kennedy acknowledges the moral argument for reparations but argues that race-based reparations would be unconstitutional based on a recent Supreme Court decision in the Harvard case. Instead, he advocates for a more inclusive approach to economic development in black neighborhoods, drawing upon his 35-year experience on the board of directors of Bedford-Stuyvesant Restoration Corporation. He emphasizes the need to address the systematic stripping of equity, particularly in terms of homeownership, from black communities, noting that by 2030, there may be essentially zero black equity left in the United States.The guest also addresses the underlying issues faced by black businesses, such as the lack of accrued business knowledge and mentorship within black communities. Drawing from his experience with Bedford-Stuyvesant Restoration Corporation, Kennedy highlights the importance of providing mentorship opportunities to foster entrepreneurial growth and business development in black neighborhoods.Moving on to the topic of criminal justice reform, Kennedy expresses his concerns about the 1986 and 1994 Criminal Justice Acts, which he claims have had a devastating impact on the African American community. He specifically highlights the disparities in sentencing between crack cocaine and powder cocaine offenses, where black individuals received much harsher penalties for crack cocaine-related offenses. He criticizes these laws for disproportionately affecting nonviolent offenders and leading to the destruction of an entire generation of black Americans.Kennedy emphasizes the need for prison reform and rehabilitation, advocating for providing training, education, and opportunities for inmates upon their release. He shares his vision of replacing prisons with farm drug rehabs and healing farms in rural communities, where individuals struggling with drug addiction, depression, or psychiatric drug dependence can receive holistic support, job training, and educational opportunities to reintegrate into society successfully.During the conversation, Kennedy also addresses the cultural impact of mass incarceration, noting that it has influenced various aspects of black culture, including music. He clarifies that he does not have any negative intent towards rap music but highlights the negative consequences of mass incarceration on the identity and potential of black individuals.In response to a question about combating the lucrative private prison industry, Kennedy acknowledges the need for a multifaceted approach and seeks suggestions from the hosts. He shares his commitment to implementing educational programs and ensuring access to recovery and rehabilitation programs for federal prisoners. Kennedy encourages innovation by identifying and adopting successful model programs from around the country.This thought-provoking episode sheds light on the importance of economic empowerment, the need for equitable opportunities in black communities, and the urgency for comprehensive criminal justice reform. Join EYL and Robert F. Kennedy Jr. as they delve into these critical topics and explore potential solutions to address these pressing issues.#reparations #economicdevelopment #equity #homeownership #blackbusinesses #criminaljusticereform #massincarceration #prisonreform #rehabilitation #mentorship #educationalopportunities #recoveryprograms #racialdisparities #privatization #communitydevelopment #youtubecreator #eyl #robertfkennedyjrOur 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

Nov 14, 2023 • 1h 6min
EYL #264 From Gas Station to Nationwide Franchise Chain: Derrick Hayes on Big Dave's Cheesesteaks Expansion
Welcome to our deep dive into the world of restaurant entrepreneurship with Derrick Hayes of Big Dave's Cheesesteaks. In this insightful video, we explore how inflation impacts the restaurant industry and the secrets behind the success of Derrick's seven locations in Georgia. Discover the pivotal role of back-end systems in scaling Big Dave's, and why a college degree isn't a prerequisite for success in this field. Learn about their unique approach to customer feedback through secret shoppers and how different growth rates shape business trajectories.We'll also delve into the exciting story of how Big Dave's made its way into the prestigious Mercedes-Benz Stadium, the power of a great team in scaling business culture, and the brand-defining strategy of feeding customers for free.Uncover the financial realities of the restaurant business, especially when operating a single location, and why having a concise menu is key. Excitingly, we reveal that Big Dave's has a waiting list of 1,600 people eager to open franchises!Derrick shares his experiences in changing his business while raising capital, emphasizing the importance of the bottom line in this process. Plus, get insights into his feature on CNBC, connections in the industry through Meek Mill's friend Tak, and how Lil Uzi Vert influenced their menu.We'll also discuss the barriers created by ego in collaboration, the efficiency gains from opening in the Mercedes-Benz Stadium, and the business structure required for such an endeavor. Learn about the 18-month journey to franchising readiness, the unexpected life of a winner, and the collaboration between Derrick Hayes and Pinky Cole, hinting at a potential upcoming show.Finally, we delve into the challenging life of a CEO, the ultimate goal of providing opportunities for children, and the risks of growing a business too rapidly.Join us as we uncover the keys to success in the dynamic world of the restaurant business with Derrick Hayes. Don't forget to like, share, and subscribe for more industry insights!#DerrickHayes #BigDavesCheesesteaks #RestaurantEntrepreneurship #InflationImpact#BusinessScaling #GeorgiaEats #NoDegreeSuccessOur 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

Nov 13, 2023 • 9min
How US Treasury Borrowing Affects the Bond and Stock Market
In this episode of EYL, Rashad Bilal, Ian Dunlap, and Troy Millings dive into the recent news that the US Treasury will be borrowing a staggering $776 billion in the final three months of this year. This announcement comes on the heels of the government's projection of a $1.7 trillion budget deficit for fiscal year 2023. The hosts discuss the implications of this massive borrowing on the stock market and the overall economy.Ian Dunlap is not one to mince words, as he delivers a stark assessment of the situation. He expresses his concerns about the country's mounting debt and how it is negatively impacting our geopolitical standing. He believes that our aggressive approach has resulted in us being viewed as bullies in the eyes of the world. With the bond market in shambles and the small-cap market destroyed, Dunlap paints a bleak picture of the future.Troy Millings provides some context to help viewers better grasp the gravity of the situation. He explains the relationship between bond yields and prices, and how the treasury's issuance of more bonds can lead to higher yields. While some may argue that the borrowing came in lower than expected, Millings highlights the fact that the upcoming first quarter of 2024 will see an ask of over $816 billion, the largest in the history of America. The bond market is indeed in shambles.The hosts delve into the stock market's roller coaster ride, with mid-cap stocks taking a significant hit and only a handful of companies performing well. Dunlap laments the state of the economy and believes that the country is teetering on the edge. He also discusses the impact of high debt on various industries, including streaming and entertainment. The Spotify example serves as a reminder of how the economy's troubles trickle down to other sectors.In a shift towards discussing the need for diversity in political leadership, Bilal voices his belief that relying solely on old white men is unsustainable. He argues that without a diverse range of perspectives and understanding of what's happening on the ground, the entire political structure is at risk. He criticizes the lack of understanding and cultural divide at the top, particularly in regards to millennials and their access to credible news sources.As the conversation continues, the hosts highlight the disconnect between those in power and the changing tides of public opinion. They express their frustration with the repetitive propaganda and the unwillingness to adapt to new ideas. The Democratic Party, in particular, is predicted to face challenges if they do not address this divide and provide messaging that resonates with the younger generations.In this thought-provoking episode, EYL tackles pressing financial and political issues, shedding light on the challenges faced by the economy, the stock market, and the current political structure. Join Rashad Bilal, Ian Dunlap, and Troy Millings as they explore the impact of massive borrowing, the decline of the bond market, and the necessity of diversity and understanding in our political landscape. #EYL #USdebt #economy #stockmarket #diversityinpolitics #politicalstructure #financialchallenges #bondmarket #propaganda #millennials #leadership #crediblenews #geopoliticalimpact #budgetdeficitOur 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

Nov 12, 2023 • 11min
Cliff Notes: How Tech Companies Hire & Exploring Future A.I Use Cases
Dive into the world of tech industry recruitment and the visionary use cases of artificial intelligence (AI) that are shaping the future. In this informative video, we pull back the curtain on the hiring strategies of leading tech companies and forecast the innovative ways AI will be utilized in the coming years.What you'll learn:- The inside scoop on recruitment processes in top tech firms.- How AI is changing the hiring landscape.- Predictions for AI applications across different sectors in the future.- The implications of AI developments for the job market and everyday life.Whether you're a job seeker in the tech field, a business leader, or just AI-curious, this video offers valuable insights. Engage with us as we explore the evolving intersection of technology, employment, and AI's limitless potential.🔔 Subscribe to stay updated on the latest in tech hiring and AI advancements.👍 Hit the like button if you find the content useful, and join our community by sharing your thoughts in the comments section.#TechHiring #ArtificialIntelligence #FutureOfAI #TechIndustry #Innovation #AIUseCases #TechnologyTrendsOur 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

Nov 11, 2023 • 10min
Why There's a Chip Shortage & The Use Case of Supercomputers
In today's tech-driven world, the global chip shortage has impacted everything from consumer electronics to automotive manufacturing. But what's behind this crisis? Join us as we unravel the complex factors leading to the semiconductor scarcity that's shaking industries worldwide.Additionally, we shift gears to showcase the incredible capabilities of supercomputers. We explore their diverse applications, from climate modeling to healthcare, and how they are shaping our future.In this video, you will gain:🔍 An understanding of the chip shortage causes and effects.🖥️ Insights into supercomputing and its transformative use cases.Whether you're a tech enthusiast, a professional in the industry, or just curious about the digital world's inner workings, this video is for you. Subscribe for more tech analysis, and hit the bell to stay updated on our latest releases. Share your thoughts and questions in the comments section below—we engage and respond!#ChipShortage #Supercomputers #TechInsights #DigitalEconomy #Innovation #TechNews #SemiconductorsOur 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

Nov 10, 2023 • 12min
Study Hall: The Cheat Code to Connections
In this video, hosts Rashad Bilal and Troy Millings welcome special guests from Eastside Golf to discuss how golf has become a powerful tool for building connections in the business world. They explore the countless business deals that are negotiated on the golf course, highlighting how playing golf provides opportunities to network and establish valuable relationships.Eastside Golf shares their personal experiences, emphasizing that invitations to play golf often lead to discussions about upcoming projects, partnerships, and ways to collaborate. They highlight how golfing with high-profile individuals allows for quality time with busy professionals, providing opportunities to deepen relationships and create business opportunities. Eastside Golf emphasizes that playing golf doesn't necessarily require exceptional skills, but rather the ability to keep up with the pace of play.#Golf #BusinessConnections #BuildingRelationships #Networking #Opportunities #FutureOfGolf #GolfCulture #GolfDressCode #EastsideGolf #TigerWoods #InvestFest #Inspiration #BusinessGrowth #GolfingCommunityOur 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

Nov 9, 2023 • 11min
Create a Winning Stock Market Game Plan
In this clip, we share with you my winning stock market gameplan. This gameplan will help you win in the stock market, and achieve your financial goals.Stock market investing can be a hugely rewarding experience, but it can also be risky. If you want to make the most of your investments, then you need a winning stock market gameplan. In this video, I'll show you how to create and implement this gameplan, so you can become a successful investor in the stock market! #stockmarket #gameplan #stocks #winningOur 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

Nov 8, 2023 • 5min
Jamie Dimon Sells 1 Million Stock Shares of Chase: What Does It Mean?
Jamie Dimon, CEO of JPMorgan Chase, sells 1 million shares of his company, sparking questions about the future of the banking giant and the confidence in its stock performance. The podcast delves into the implications of this sale, analyzes CEO stock sales, and explores the performance and compensation of top banking executives.