September 26, 2024 • 60 mins
What if transitioning from military service to civilian life could be your gateway to financial success? Discover the hidden challenges and untapped opportunities of this journey as we shine a spotlight on veteran entrepreneurship. We'll navigate the psychological aspects of financial management and share my own experience of paying off substantial debt while serving in the Air Force. Even though our special guest, Army veteran Chris Benson, couldn't join us, we still unpack valuable insights on launching and growing a business as a veteran, reflecting on both triumphs and setbacks to equip you with essential knowledge.
Curious about how tariffs can impact your wallet and the broader economy? We break down the complex subject of tariffs with a real-world example that hits close to home: a threatened 200% tax on John Deere products if manufacturing jobs move to Mexico. We'll explore how tariffs protect local businesses, their potential costs to consumers, and the intricate balance required in global trade agreements. This is your chance to understand how such financial policies can affect not just major companies but also small business owners and everyday consumers.
Transitioning from military service is no small feat, but with the right support, it can open up new avenues for success. We'll highlight invaluable programs like Boots to Business and local veteran business resources that can help you navigate this transition. Personal stories and practical advice on finding mentors, staying adaptable, and avoiding discouragement will arm you with the tools you need for a successful civilian life. Tune in to hear how veterans like Chris Benson are breaking new ground with innovative projects, and learn how you can share your own story on Military Broadcast Radio.
Please join me on my different platforms and follow along my journey towards FIRE.
https://laswell.veteran.cards/
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
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(00:20):
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for success on the battlefield.
Speaker 2 (00:29):
This entire military is one cohesive, dedicated force
.
And the threats to our nations?
They don't sleep.
They're watching our every moveIran, russia, china, north
Korea, isis, al Qaeda they maybe watching this right now.
Speaker 3 (00:51):
Our military should not be mistaken for our cable
news dad fest show.
We don't care what you looklike.
We don't care who you voted for, who you worship, what you
worship, who you love.
It doesn't matter if your dadleft you millions when he died
or if you knew who your fatherwas.
Speaker 2 (01:10):
We have been honed into a machine of lethal moving
parts that you would be wise toavoid if you know what's good
for you, we will not beintimidated.
We will not back down.
Speaker 3 (01:25):
We don't want war.
Speaker 2 (01:27):
But if you want war with the United States of
America, there's one thing I canpromise you, so help me.
God, someone else will raiseyour sons and daughters.
Speaker 4 (01:42):
Military Broadcast Radio, the station that's giving
veterans a voice find us on theweb at mbradious military.
Speaker 5 (01:53):
Um, I'm a certified financial social worker.
Um, I was in the air force for14 years and and then, um, I
paid off twenty thousand dollarsof of debt while I was active
duty within three years as an E3.
So that's kind of like I gotreally into personal finance and
so I've been really passionateabout that ever since, and that
(02:14):
was 10, 12 years ago now.
So since then I became a socialworker and now I'm a certified
financial social worker and nowI'm a certified financial social
worker.
So we kind of get into, youknow, dealing with finances, but
then also kind of dealing withthe psychology behind finances,
like the you know, the mentalside of things.
Speaker 4 (02:33):
So Ladies and gentlemen, your battle buddy
when it comes to finances.
Please welcome the fire socialworker, joey Laswell.
Speaker 5 (02:46):
All right, hey, buddy , that's a new intro, thanks to
the one and only H-Train.
Joel helped me put thattogether and so thank you, joel.
So this is Money in theMilitary.
My name is Joey and I am acertified financial social
worker.
You might know me as a firesocial worker, but I'm just here
(03:07):
to talk about some.
You know, just talk aboutfinances and you know, just
excited to be here and I do so.
Unfortunately I do my guest,chris Benson.
He is a army veteran that I'vebeen talking to.
He actually had to postpone ourmeeting or our interview, but I
(03:30):
do want to still talk about hisstory a little bit and then
we're going to have him on atanother time.
But this is part of livebroadcasting Sometimes things
don't go exactly the way theyplan.
But we're here, we're going tohave fun Might have to ask H to
(03:52):
kind of jump in every once in awhile and we're going to
basically just talk aboutentrepreneurship that we were
going to talk about with Chris,and you know I just wanted to,
you know, basically talk aboutthe ins and outs, the ups and
downs of entrepreneurship.
(04:13):
I'm kind of like mid-journey, orstarting this journey as an
entrepreneur, as a veteran, andyou know, we'll talk a little
bit about, maybe, some of themistakes I've made already.
Or, you know, like some lessonslearned, and you know,
hopefully I can prevent a futureveteran from making some of the
mistakes I've made already.
Or you know, like some lessonslearned, and you know, hopefully
I can prevent a future veteranfrom making some of the mistakes
I've made, but then also, youknow, maybe some some successes
that have come up.
(04:33):
So, just, you know, bear withus.
Thank you, Terry.
She says I got this.
Oh, thank you.
So, yeah, this is a.
You know, this is a.
You know, this whole podcastingthing has been a really awesome
experience.
I've met so many cool peopleand once again shout out to
Military Broadcast Radio,they're, they're just an amazing
(04:56):
group.
You know, and you know, we'rejust, we're here to to help
elevate veterans and militarymembers.
We're here to help elevateveterans and military members
and part of my mission that I'vestumbled upon lately is to try
to elevate, you know, veteranswho are really doing really cool
things in the entrepreneurialspace.
And, you know, just to givepeople something to cling to and
(05:19):
some kind of you know, somekind of advice, counsel,
guidance to jump onto.
So, real quick.
We're going to talk a little bitabout, maybe, some current
events, financial current events.
So we got some stock marketperformance.
So last episode we talked aboutthe Fed rate cut, the 50 basis
(05:42):
points, and how that mightimpact things.
And, as we saw with the stockmarket, basically there were
gains driven by the economicdata strong corporate earnings.
The Dow Jones increased by0.62%, s&p rose by 0.4%,
including the Federal Reserve.
(06:03):
They were expected to implementmore moderate rate.
Well, they did implement themoderate rate cuts.
So, yeah, I mean, we'll kind ofsee.
It seems like the markets likedthe idea of the market or the
Fed Reserve cuts.
So so far it seems like nothing.
The sky isn't falling and themarkets are kind of stabilizing
(06:27):
with that news and kind ofprocessing it.
But but yeah, so we'll also seewhat we got.
Oh, I missed.
Yeah, so we got.
You know, inflation is comingdown still in most major
economies, you know, but thereare concerns about public debt
(06:49):
and some, you know, obviously,geopolitical stuff going on the
central banks, including theFederal Reserve.
So we've got the, yeah, moremoderate rate cuts and let's see
what else.
And let's see what else.
Yeah, so we also got Costco'sfinancial results.
So we'll talk a little bitabout that.
(07:10):
So they released their fourthquarter and fiscal year 2024
earnings, reporting net sales of$78.2 billion, a slight
increase from last year, andthen a 1% rise in overall
revenue, with membership feescontributing significantly to
the steady performance.
So, uh, you know, things aregoing generally good, it seems
(07:30):
like for the account, at leastfor the big companies.
Um, maybe not for the little,the little guy as much, but um,
uh, and then the, the last topicof the uh kind of like news
cycle stuff oil prices andcommodities.
So oil prices remain steadydespite concerns over decreased
demand from China.
(07:50):
So there's a lot of push forEVs in China lately, and then US
stockpile reductions helpbalance the market.
And then copper is in demand todo its essential role in
renewable energy products,demand to do its essential role
in renewable energy products.
So, yeah, those are kind oflike the top line kind of
(08:15):
financial industry stuff, yeah,so if anyone has any additional
comments to that, just let meknow.
Yeah, and so basically back to.
So I did want to talk a littlebit about the Military
Influencer Conference that'scoming up in Atlanta, georgia.
Hopefully we're not going to berained out, but I mean, with
(08:37):
the weather hitting soon.
Hopefully by Monday things willbe cleared out.
So hopefully everyone is goingto be safe during this storm.
It's going to be pretty, pretty, pretty intense.
Tallahassee looks like they'regoing to get hit pretty hard, so
hopefully, if you're in thepath, stay safe, stay, stay dry
(09:04):
as much as possible.
Yeah, so the Military InfluencerConference is going to be in
Atlanta from September 29th tothe 3rd.
It's just like three or fourdays, but it's man, it's got.
It's just going to be chockfull of really great speakers
sessions.
You know I'm looking at it, youknow, as a budding entrepreneur
(09:26):
, but then also as an advocatefor veterans, mental health, um,
and you know, obviously,learning about the financial
industry, um, you know, learningmore from cause.
There's going to be tons ofpeople from all different walks
of life, all different.
You know careers andprofessions and you know so
(09:48):
Terry's going to be there fromTracer Rounds, we're going to
have Amber from Into the Weedsand, I believe, john from
Retirement Military RetirementPodcast I believe he was going
to show up too.
Military retirement podcast Ibelieve he was going to show up
too.
So we're going to have a littlebit of a um, an MBR um meeting.
(10:09):
Uh, very first time, at leastfor some of us, to ever meet in
person.
So we've been on each other'sshows and and and, and, you know
, been part of the MBR familyand I'm just really excited to
to meet them in person.
And you know, we might try todo to meet them in person and
you know we might try to domaybe an offline podcast.
It might be really impossibleto do a live stream because
(10:33):
there's going to be so manypeople in this venue and who
knows what the internet's goingto look like.
But you know, stay tuned, we'llsee what we can try to pull
together.
But, yeah, so I think JonStewart is actually going to be
speaking at some point duringthis event, if I remember
correctly, and just so many, somany different opportunities.
And you know, like, I'm alsohoping to connect with other
(10:55):
podcasters to help, you know,spread the word about MBR and,
you know, maybe even encouragesome of them to join, to join us
and, uh, you know, join thatthe MBR family, um, because
we're still growing.
And um, you know we got new,new shows launching um, pretty,
actually pretty much regularly.
We got uh H.
(11:15):
Do we have a couple comingonline pretty soon, do you?
You remember, um, but yeah, Iknow we got, I know we got at
least one or two coming down theline.
But so, yeah, like this isanother part of my
entrepreneurial journey.
You know that I'm trying tolearn about businesses and
(11:36):
starting businesses and growingbusinesses, so I'm hoping to
kind of learn from a lot ofthese sessions, these breakouts,
these speakers.
It's going to be really fun.
You know, I'm generally anintrovert, even though I have a
podcast, that's kind ofcontradictory, but you know I'm
(11:58):
usually a quiet person and yeah,so, but I mean, I'm getting a
lot of good.
Like there's an app that youcan download and talk to people
and network with the uh, withother attendees, so it's just
really.
It's just a really cool um uhevent that I'm really excited
about.
And yeah, according to Terry,we had a new launch today.
(12:19):
Awesome, um, yeah, so we we'vegot MBR is just chock full of
great, great content.
Um, there's and there's newcontent coming on the on, almost
on the weekly at least.
Uh, multiple times a month itseems like there's a new, a new
(12:39):
show launching and uh, you knowthese are all veterans that are,
you know, just like, like meand Terry and and and H.
You know we've all had ourstruggles, we've all had our you
know our journeys and we'rekind of trying to share what
we've learned along the way andthen also lift up veterans.
So I mean it's just a really,really great organization.
(13:02):
I can't I can't speak enoughabout it.
I probably sound like a brokenrecord at this point, but it's
just been a really enrichingexperience.
A great group of people andjust like-minded veterans that
are just trying to help eachother.
And we all have our own niche,our specialties.
Mine might be personal finance,but you know, I'm still
(13:27):
learning about personal financeand learning about, you know,
how to, how to help people withtheir finances.
So I'm a work in progress.
Um, I don't know much aboutbusiness and I'm still learning
all that stuff too.
Um, so, yeah, we're all, we'reall learners.
Um, none of us are experts atpodcasting.
We're literally growing andlearning on air.
(13:47):
So so, yeah, we, we appreciateall, the, all the listeners, all
the supporters, whether it'sfinancial or just giving us a
like or thumbs up.
Man, we, we, just, we just loveyou guys, we love the, we love
the MBR family and and all andand um supporters.
So, um, yeah, so um, we got,yeah, jose Flores right on Joey
(14:11):
learning also.
Yeah, another new, um, newpodcast podcaster.
Um, just just great stuff goingall around.
We've we've got, um, you know, alot of different topics to talk
about, or all of uscollectively have different
topics that we like to talkabout.
But if you're interested onbeing featured on MBR, then you
(14:37):
know find one of us or go to theMBR website, mbradious, and,
you know, reach out to us.
If you have a cool story totell or if you just, you know,
have something you know thatyou're passionate about as a
veteran, let us know.
You know we're definitely downto entice and encourage all
(14:59):
kinds of veterans from all walksof life to share their story.
You know, we're just giving youa voice.
So, um, so, yeah, that's thethat's kind of my long winded
way of saying thank you to MBRand thank you to Joel and
everybody.
That's uh kind of helped, uh,guide all of us to where we are
and where we're going to go.
You know, and who knows where,where this is going to take us.
(15:22):
But I mean, mean, I neverthought I would be going to a
conference, uh, a militaryinfluencer conference, but it's,
um, it's a, it's really cooland exciting.
So, um, so, with that beingsaid, we're gonna take a little
bit of a break and have some, uh, musical interlude.
So, um, let's see, I really I,I do love me some noah, but you
(15:45):
know, I've also recentlydiscovered Andrew Roboro, yeah,
so I've been really feeling thissong lately.
Speaker 7 (15:54):
So I'm going to start off with hey Joey, I was going
to say when we come back off ofthis music break.
The one question that I havefrom a listener is there's a lot
of talk between this tax,tariff stuff that they keep on
throwing, this political agendathing.
(16:15):
Can you break it down andexplain to us what this 200% tax
is that he's warning John Deereabout?
Speaker 5 (16:26):
Yeah, yeah, okay.
Yeah, we can talk about thatfor sure.
All right, so we'll do a quickmusical break and then, when
we're back, we'll talk aboutsome tariffs.
Speaker 8 (16:52):
Been ten years since I'd seen his face.
Not much had changed, just adifferent time, different place.
When I shook his hand, I knewsomething had changed.
(17:17):
This was a different man fromthe one I knew back then that's
when he said we do the goals.
Yes, I stand in line and watchthe flag wave and grind.
Speaker 9 (17:42):
You see, this is what I do.
Yes, I bleed red, white andblue.
Speaker 8 (17:56):
He told me the tales of his journeys far away, three
times gone and land most on hisseat on the front page With
honor and glory.
(18:17):
He stood so tall and fought foryou and I so we could be free
From it all.
Speaker 9 (18:32):
That's when he said With duty calls, yes, I stand in
line and watch the flag wheelgo by.
You see, this is what I do.
Yes, I bleed a little out ofthe room.
(18:53):
When duty calls, yes, I standin line and, once again, we pray
.
You see, this is what I do.
(19:14):
Yes, I bleed.
This is what I do.
Yes, I bleed.
This is what I do.
Yes, I bleed.
Oh, this is what I do.
Yes, I bleed, little I know.
Thank you, veterans of Voice.
Find us on the web at mbradious.
Speaker 6 (19:59):
Opinions expressed in this program are those of the
speakers and do not necessarilyreflect the views or positions
of any entities they represent.
Speaker 2 (20:09):
Find us on the web at mbradious.
Speaker 5 (20:14):
All right, we are back, we are live.
This is Money in the Military,on Military Broadcast Radio
giving veterans a voice.
So before the break we weretalking, joel actually had a
question from a listener andwanted to kind of have a
breakdown of tariffs.
So I actually had to kind ofyou know, and during the break I
(20:38):
wanted to refresh and kind ofyou know, because it is a
buzzword, a talking you know, apolitical talking point, and I
think it's one of those thingsthat a lot of people hear, think
about but maybe don't fullygrasp, and so I actually use a
little bit of chat, gpt to kindof like break it down for me,
help me explain it in a way.
(20:59):
And then also, you know, justfor me to brush up on what, what
it is that you know, the morenuanced definition, what are the
implications you know, and howwould it be implemented or how
is it being implemented now?
So basically it's essential.
A tariff is essentially a taxthat the government places on
goods and services that areimported from other countries.
(21:21):
So it's kind of like a fee thatforeign companies will pay to
basically have their productsinto our country.
So that's kind of like the verybasic definition of it idea
behind tariffs as far as a atool is, you know it basically
(21:42):
makes imported goods like moreexpensive and it encourages more
companies to to produce localgoods, so american-made products
.
So that's kind of like you knowother countries will might be
disincentivized to to import toamerica because they're like, oh
, it costs more money for us.
So it'll essentially encourage,you know, local owned business
and you know local manufacturingand you know, protect American
(22:05):
jobs.
So that's that's kind of likethe you know the big pro and you
know it also brings in moneyfor the government which we can
use that money to.
You know fund public services,infrastructure, education,
national defense, things likethat.
So I mean you know there's there.
You know there's a lot of goodthat comes from tariffs.
You know Um, so you knowthere's like an example of uh
(22:28):
like a Chinese company mightmight make a bicycle and want to
send them and sell them in theU?
S.
So without a tariff, you knowknow they would sell the bike
for like 200 bucks.
But if the government has a 25%tariff, let's say on imported
bicycles, and the company nowhas to pay an extra $50 per bike
to bring that into America, sothey're going to lose money.
(22:53):
China's going to lose money,but we're going to make money
off of that tariff, you know.
So it's kind of a win-win foreverybody in that sense.
Well, it's not a win for China,because now they're going to
lose profits, but it's a win forAmerica because you know
they're bringing in extra moneyfrom a product that we're going
(23:16):
to, you know, sell in America.
So you know that's kind of anexample.
And then as a result, you knowconsumers might be like, well,
it's makes more sense to buy anAmerican made product because in
theory it will be cheaper, youknow, because you don't have to
import it and there's not anextra fee or anything like that
(23:38):
to to associate with it.
So you know some people sayit's going to raise the price of
goods.
I mean it might raise the priceof goods for, you know, for
small business owners, you knowthat is a possibility because of
the tariffs, like you know,it'll cause some prices to go up
.
So there is that risk.
But the idea is, you know, it'sgoing to encourage
(24:01):
American-made products andpeople to buy American.
So that's kind of like ageneral, you know, kind of an
illustration.
You know.
So the positives you knowthere's, you know it might help
reduce competition.
So if you're a new business inAmerica and you know your your
(24:22):
basic, because I mean, look,let's think about, like Timu and
and these you know really cheapChinese products that are
coming in, you know a smallbusiness that's starting out
might not be able to competewith that those pricing.
So you know, like it it, itdoes uh affect, you know, those
new businesses.
So by encouraging, um, you know, people to to buy American by
(24:47):
local, um, then that's good forthe locals, economies all around
, um, so yeah, so there's uh,there's yeah, there's a lot of
uh, there's a lot of pros andcons.
I mean, obviously, the globaleconomy.
Then you have, like, you know,american economies.
I don't know if there's a rightor wrong.
(25:09):
Necessarily, I mean, there aregoing to be implications and
things that we don't foresee.
You know, like, if they, um, ifthey do raise tariffs, then
then you know, people are goingto say, yeah, like, uh, um, you
know it's going to, it's goingto raise the price of some goods
.
It just just, it just kind ofis, or it is possible that it's
(25:31):
going to raise the price of ofgoods because, let's say, a
Chinese company brings in aproduct and you know, they know
they're going to get tariffs, sothen now they're going to raise
their prices.
So now, what would have been?
You know that $200 bicycle, andnow they raise the price to
$225 or $250 to recoup the costof the tariff.
(25:52):
So, in in, yeah, it could causeprices to go up.
In general, it could alsoaffect small businesses because
they're reliant on some of theseimported products.
So, yeah, I mean it's a trickybalance, but it is one of those
things.
It's politics there's all kindsof ins and outs.
(26:12):
Yeah, some of the othernegatives, possible negatives.
Yeah, some of the othernegatives, possible negatives.
So, yeah, so it says thattariffs can lead to higher price
for consumers, not just onimported goods, but also on
domestic products.
The local companies have toraise their prices due to
reduced competition.
So if there's less competition,then they could potentially,
(26:41):
you know, have to raise theirprices.
It could provoke a trade warwhere other, basically, they
might retaliate the country andsay, okay, well, we're going to
import, we're going to puttariffs on your products and
then that's going to take moneyaway from us.
So you know, there's going tobe, there is a potential for
things like that, and thendomestic industries might become
less innovative without thepressure of foreign competition.
(27:02):
To approve, yeah, I'm not reallysure.
I mean competition is good forcompanies and capitalism and
things like that.
But yeah, between the differentcandidates you've got two very
different ways of of how to togenerate money into the economy.
(27:22):
But you know, like tariffs workfor for a lot of things, and so
it's not like it's uh, it'stariffs equals bad, you know, um
, but then you know like, forinstance, uh, for the veteran
community, you know like, if alot of veterans are trying to
start businesses, you know, orrunning businesses, so this
(27:42):
could affect their bottom line.
And then, as a kind of a youknow personal well, I don't
really have any products thatI'm selling per se like an
actual physical product, but,like you know, if I was, you
know, had a storefront and I wasselling XYZ product, you know a
new tariff came into place andthen that directly affected my
(28:05):
bottom line, because now thesame products that I was getting
at, let's say, $50, now cost me$75 or $100.
So, yeah, I mean there are realworld impacts for these tariffs
and and and some good, some bad,and so it's just, you know,
it's kind of a I'm not a that's.
(28:26):
That's kind of like the globaleconomy, economics, and that you
know there's so many factors atplay there that it's really
hard to predict what's what'sactually going to work.
It's really hard to predictwhat's actually going to work,
and you know like that's kind ofthe tricky balance of just
(28:46):
managing that level of finances.
But yeah, so you know, it's oneof those things where you know
it's a political talking point.
A lot of people maybeunderstand it, you know.
And even if you do understandit, it's kind of like, well,
what's what's actually going tohappen, you know, when the
rubber meets the road, so, uh,that you know.
That kind of remains to be seen.
Speaker 2 (29:08):
But uh, you know it is.
Speaker 5 (29:09):
It is one of those talking points and and um, you
know, it is something that, asas citizens, we do need to be
mindful of and be aware of.
That.
You know, okay, what does whatdoes a tariff 200% for John
Deere tractors you know how doesthat affect a farmer, you know,
is that going to basically maketheir, their products, more
(29:32):
expensive in?
In theory, I mean, I would sayit probably would, but I I mean,
is that going to bring in more,more money into the economy?
Yes, it would.
Um, so, I mean, yeah, it's just, it's really it's, it's a tough
.
It's a tough.
Um, uh, threading that needle.
I, I mean that's why I'm not inpolitics, because I, I wouldn't
(29:55):
know necessarily, I mean, Iwould have to look at, like, a
lot of different data sets toreally try to make sense of,
like, okay, what is the rightpercentage of terrorists?
Like what?
What you know how much on whichtype of product?
And and, yeah, so, um, sothere's a couple of historical
examples, um that that I cameacross.
(30:15):
Uh, in 2018, the U?
S imposed tariffs on importedsteel and aluminum to protect
the domestic producers.
This move was intended tobolster national security by
ensuring strong domestic metalindustry, but also led to
increased costs for Americanmanufacturers using these
materials.
So, yeah, that was 2018.
I vaguely remember that and Iremember hearing that, yeah,
(30:53):
local industries were kind ofaffected by it and you know, it
did cost national security byensuring strong domestic metal
industry, I guess so.
But yeah, so let's see.
Yeah, we can play a quick clipand see what this Iowa economist
(31:14):
weighs in on Trump's proposed200% tariff on John Deere
products.
Let's see how is it working.
Let me see, is it playing?
I don't know, I can't hearanything, joel.
(31:40):
I don't know I can't hearanything, joel.
I don't know if it's working ornot.
But yeah, there's a video onscreen that Joel popped up his
screen, or a video that we cantry to play.
But yeah, like, what are youguys' thoughts on tariffs and
what is it?
Does it mean anything to you?
(32:00):
I don't know.
Like it's one of those thingsthat's, it doesn't affect people
until it does.
Speaker 8 (32:10):
Ever since I was young, my dream has been to open
a chocolate shop to make unique, colorful, world-class
chocolate.
Speaker 11 (32:17):
I had to play open a chocolate shop to make unique,
colorful world-class chocolate.
Speaker 8 (32:22):
Okay, well, um easier , so I can focus.
Speaker 5 (32:28):
Oh, there we go got a good for this ad.
Speaker 8 (32:32):
Sorry, it's a really good people I'm alexandra clark,
founder and head chocolatier ofBon Bon Bon.
Speaker 3 (32:41):
Donald Trump is threatening Deere and company
with stiff tariffs if it goesthrough with moving some
manufacturing jobs to Mexico.
Speaker 11 (32:48):
Now, if he's reelected, Trump says he'll
impose a 200% tariff on JohnDeere products if the company
shifts production work to itsplanned Ramos Mexico plant.
Kcrg TV9 state capital reporterConor Hendricks looks at the
impact that proposed tariffcould have.
I'm just notifying John Deereright now.
Speaker 5 (33:06):
If you do that, Looks like it's frozen up a little
bit, so we'll try to get thatvideo to play.
It's probably buffering orsomething.
Speaker 7 (33:31):
There we go.
Sorry about that, I was on mute.
Can you hear it or can you not?
Speaker 5 (33:37):
I can hear it, yeah, but it just kind of froze for a
second.
Speaker 7 (33:40):
Okay, I'll fix that.
Speaker 3 (33:41):
Everything that you want to sell into the United
States.
John Deere has made severalmoves as farm income has fallen
for the past two years.
Speaker 6 (33:49):
Happening today.
More than 300 John Deereworkers in Waterloo are now
without a job.
Speaker 3 (33:53):
Hundreds of employees at John Deere may have clocked
out for the last time 34production workers will be
placed on indefinite layoffeffective May 31st.
The company has laid off morethan 1,600 employees.
It has also started shiftingsome of its production to Mexico
.
It's hurting our farmers.
It's hurting our manufacturing.
Trump wants his threat ofhigher tariffs to force
(34:14):
companies like John Deere tokeep production in the US.
Iowa State University economicsprofessor Peter Arazum says
higher tariffs won't likely dowhat Trump wants.
Speaker 12 (34:23):
Making parts more expensive for John Deere is not
going to help John Deere either,and it probably would not help
jobs in the United States.
So I think some of this isn'tperfectly well thought out.
Speaker 3 (34:35):
Arazam says it increases the cost of the parts
brought into the US andincreases the cost of the
finished product.
So the consumer loses and thecompany loses.
I asked Iowa's members ofCongress and their Democratic
challengers about Trump'sproposals and what it would do
to producers.
Representatives Miller, meeksand Henson sent a statement.
(34:56):
They didn't answer directly,but both blame President Biden
for rising costs.
Erasmus says that a presidentcan't just decide to impose a
tariff because we have tradeagreements with Canada and
Mexico.
If Trump were to do this, itwould require an act of Congress
.
That said, he doesn't foresee a200 percent tariff on John
Deere products becoming areality anytime soon.
At the Iowa Capital Bureau, I'mConor Hendricks reporting.
Speaker 5 (35:21):
Yeah, okay, well, there you go.
It's one of those things wherethe intention is to keep the
companies from, that's, thedomestic side.
They want to keep things in thedomestic side of production,
which is great, you know,because yeah, that's gonna, it's
gonna lose jobs or you know,like you know they're gonna lose
(35:43):
jobs to Mexico or Canada.
But yeah, I mean, like, thepractical reality, like like
they said in the video, was thatyou know it will raise prices
for the company and you know,eventually the consumer might
feel.
The video was that you know itwill raise prices for the
company and you know, eventuallythe consumer might feel the
impacts of that, because if thecompany is having to raise
prices or is being charged morethan in theory, they're going to
(36:07):
have to put that pricing downto the customer.
So, yeah, so I mean that'sthat's uh, once again, that's
what it's a trick, it's a trickybalance to try to uh figure out
how to, how to manage um global.
You know you have trade, global, trade agreements, um, things
like that.
So I mean it's, yeah, it's,it's really tough to uh to kind
(36:27):
of manage all that.
But uh, but yeah, what do youguys think?
It's a?
You know it's an interestingtopic of discussion.
You know, um, how does thatimpact um local businesses?
If you're a veteranentrepreneur and you have like a
storefront, you know how wouldthat impact you with um higher
tariffs?
Would you support it?
You know so yeah, so, uh,comment, if you're, if, if
(36:48):
you're a business owner and thatyou know what are your, what
are your thoughts on um, on moretariffs to bring in more money
to the local economies?
So, while we digest that, we'regoing to take another quick
break and actually I wanted tohighlight one of that, chris
(37:08):
Benson, his project a little bitand just talk about what he's
been working on, and then we'regoing to have him back,
hopefully soon, or have him onthe show, and you know he's got
a really cool story to tell, soI'm really excited to have him
on eventually.
Speaker 6 (39:26):
But in the meantime we're going to have a little
Noah Peterson and his funky jazz.
Funky Jazz, thank you, Thankyou.
Opinions expressed in thisprogram are those of the
speakers and do not necessarilyreflect the views or positions
of any entities they representfind us on the web at mbrRadious
(39:51):
.
Speaker 5 (39:53):
All right, we are back.
My name is Joey the fire socialworker and we're here with
Money in the Military onMilitary Broadcast Radio where
we're giving veterans a voice.
So before the break we weretalking about tariffs and kind
of breaking that down a littlebit and yeah, so kind of
(40:14):
breaking that down a little bitand uh, yeah, so kind of wanted
to transition and you know, weoriginally were going to have
Chris Benson on the show.
We had a kind of a scheduling,um conflict happen, and so, yeah
, we're going to have him on theshow.
But I did want to highlight, um, you know, one of the things
that he's.
He's introduced me to a projectthat he's kind of been a big
(40:35):
part of and that's these veterancards.
And if you're on like theveteran business Facebook pages
and things like that, you mighthave come across these or seen
the advertisements.
They're really kind of startingto roll out more and more, but
it's essentially kind of like adigital business card slash,
website slash, you know, kind oflike a landing page for your
(41:01):
business and specifically gearedtowards veterans.
I mean, they have them for, youknow, civilians as well, kind
of like a network that they'rekind of building and promoting
for veterans, to help supportveterans, either through, you
know, networking with otherbusiness owners.
You know, be like hey, part ofmy veteran network is XYZ, you
(41:27):
know like an appliance repairperson, or you know like, so
basically, these veterans arecreating business, um, uh, pages
and uh, and are able to connectwith with other people.
So I'm just gonna quickly showum, show what, what his looks
like.
Um, and you know I'm I'm surehe'll be fine with me showing
(41:51):
this, but yeah, so we have.
So his, he's part of a companythat is, you know, troops Hold
Junk is the name of his company.
It's actually a franchise thathe's a part of.
So this is what it looks likeand you know it's.
It's, you know it's.
(42:11):
It's a fully functional websiteand you know it basically has
basically has what you're tryingto do or what you can do, and I
really like this part.
So you pull it up on your phone, on your mobile browser, you
click on the QR code and thenbasically somebody can take out
their phone, scan it and thenbasically it will pull up their
(42:33):
veteran card page so they don'teven have to type anything in
and then they have access toyour veteran card page and then
you can have it basically quicklinked to your Facebooks, your
Twitter, linkedin, all thesedifferent social, because, let's
be honest, most businesses haveto manage like five or six
different accounts, so this kindof keeps it all in one nice
(42:56):
place.
And then, yeah, there's also,you know, all the hyperlinks
down here.
It's a quick function to,basically, you know, you pull
out your phone and then you addto contacts and then basically
it comes up with like the fullcontact information with your
picture, everything it's reallysnazzy, really cool.
You can link to your websiteand you know all these are
(43:19):
customizable.
You know you can basically,yeah, I mean, every little thing
is hyperlinked.
So you know, if you want to setit up to where you can do a
consultation, you can do that,you know.
If you want to set it up towhere you can do a consultation.
You can do that and yeah, sokind of you can text and kind of
(43:44):
talk about your business, alittle bit of your backstory.
You can put videos in there,like he's got a video about his,
about his journey, and you knowjust, it's just a really clean,
cool website design.
And yeah, just, you know,instead of having to carry
around a bunch of business cards, you can use this as your
(44:06):
business card.
Because, I mean, everyone has asmartphone nowadays and it's
just really kind of cool andhelpful to just pull out your
phone, have somebody scan, pullout their camera app, scan it
and then suddenly now they haveaccess to all your business
information how to book you, howto contact you, everything.
(44:29):
It's just boom, instant.
So I mean I think it's reallycool, it could be a game changer
.
And there's other services.
That's other you know servicesthat are out there that are kind
of similar.
You know Linktree is it's kindof like Linktree, but I mean
obviously it has much morefunctionality.
But it's also, you know, builtfor veterans.
(44:50):
You know to connect with otherveterans and it's just really
it's a really cool platform andyou know to connect with other
veterans and it's just really.
It's a really cool platform andyou know it's just.
It's just really, yeah, reallycool.
And you know I'll go ahead andjust highlight that I had one
too.
You know, in preparation forthe conference, I went ahead and
signed up with them and I justwanted to try it out.
(45:12):
And you know this is what theybuilt.
You know just has.
It's what they built.
Um, you know just has.
It's just really cool.
I mean, it's just somethingthat I'm like nerding out about,
but it's just really cool.
Um and uh, you know like it has.
Basically, you make it howeveryou want.
You know I work with them.
You can put in like a ticketand and they can kind of tweak
things for you, um, on their end.
(45:33):
So very professional, very,very cool team to work with.
And yeah, I mean you can just,you can just have all kinds of
things on there.
And this is obviously shamelessself promotion for me, you know
, because I do offer financialcoaching if you're interested.
But but yeah, that's not theintent of this podcast.
(45:56):
So so, yeah, I just wanted tohighlight what, what a cool
product this is and a really,really great team of people, and
so, if you're interested in in.
You know, getting somethinglike that set up, you know, just
type out veteran cards and youknow you should be able to to up
.
You know, just type out veterancards and you know you should
be able to to find.
(46:18):
You know how to how to set thatup.
So it's really, yeah, reallycool.
Yeah, tracer rounds podcastsays that's cool.
Yes, it's a cool thing.
You know, it's just one ofthose things that you never
thought would be like like, ohokay, yeah, that's that's
interesting.
But yeah, as far as being anentrepreneur, business owner,
(46:39):
you know, as I'm getting in inlearning about businesses and
and being one a business, abusiness owner myself, I'm
realizing that networking ishuge, you know, and it's not
something that comes naturallyto me, but I also realize that
there's a lot of value innetworking.
(47:00):
So this is just one of manytools that you can use.
And you know just something,something you know cool it's.
It's it's like I said, the teamis really cool to to work with.
So, yeah, we're going to haveChris on in the near future and,
(47:20):
you know, kind of pick hisbrain.
Like I said, he's got a coolstory to tell and his journey
from army to, you know, kind ofstruggling and then, you know,
finding, basically finding his,his niche, his passion, and, uh,
you know, once again, that'sjust that's that, really.
That really lights me up hereand hearing these really
(47:40):
inspirational stories fromveterans, um, because there's no
, there's no roadmap fortransitioning out of the
military.
You know, like they, they tryto give you some, some guides to
help you along the way.
And, like they, they try togive you some, some guides to
help you along the way.
And like transition, uh,transition programs are great
(48:02):
and all I'm not going to, youknow, talk bad about them, but
you know, there's just only somuch they can cover.
And so, you know, by by tellingsome of these veterans stories,
I'm hoping that, you know, ifyou're an active duty military
member right now and you'relistening to this, you might be
able to learn from anotherveteran's journey.
So I think I've mentioned itbefore Like I feel, like I'm a,
(48:26):
I'm a time traveler, I'm in thefuture, you know, and I'm I'm
trying to distill and instill inpeople that are active duty to
say, hey, you know, look overhere.
Like this is something that youeither should do or shouldn't do
.
One thing I would say should dois, if this is something, if
(48:46):
entrepreneurship is somethingthat you're interested in.
Boots to business I learnedabout that kind of after the
fact and I'm still workingthrough the Boots to Business
program.
There's VBOX, which are localveteran business I forget the
(49:07):
acronym, but there's so manyacronyms.
But yeah, so there are tons andtons of resources out there and
I think that's part of theproblem too is that it's so hard
to navigate so many resourcesand a lot of veterans get
overwhelmed and you know theytake the first thing that comes,
you know to them and you know Iget it.
I, my first job out of the airforce was a life insurance
(49:31):
salesman and uh, that wasn't agood fit for me.
I'm generally not like thesalesman-y type and I went into
that actually thinking that Iwas going to become a certified
financial planner because theyhad like this kind of trajectory
where you start off as a lifeinsurance agent and then you can
(49:52):
transition to the CFP program.
So that was kind of how I, howI envisioned it.
But you know, when it came downto it, it just wasn't a good
fit.
And I would say to other activeduty members you know you're
going to have not good fit jobs,you know, and that's just the
reality.
So don't don't get uh, don'tget so fixated on having to find
(50:17):
that unicorn job that is likethe perfect job for you, um.
So yeah, just just, you know,like it's a journey, it's, it's
a um, it's a process and it'snot.
It's not always easy and it'snot always easy clean and fun.
And you know, sometimes youjust got to roll with the
(50:40):
punches.
And every one of, from whatI've seen on, you know, all the
different NBR podcasters, we'veall been on a journey and every
I feel like every veteran, everyactive duty member that
transitions, is going to be on asimilar journey.
Some people make it look easyand some people have everything
figured out, but don't use themas the blueprint because just
(51:06):
because they might've gottenthat dream job right out the
military, you know, you don'tknow what all they did to get to
that point, you know.
So I mean, maybe they workedtheir butt off and and they were
hustling from day one day oneof the military and they were.
That was their trajectory,their plan.
You know so good on them andthat's awesome.
But yeah, I mean, your journeyis your journey and you know I
(51:30):
would not.
I would encourage you not tocompare yourself to your peers.
And yeah, terry makes up a goodpoint.
Every experience prepares youfor your next step.
We fall forward and that's agreat you know, it's a great
idea because you know, you know,sometimes you do feel like
(51:55):
you're falling, you know, andwe're all falling, you know.
But you, you, you catchyourself with that next step.
You catch, you know, you catchyour footing and you're moving
forward.
You know it might be an awkwardstep, it might not be the most
efficient step, but you're,you're moving forward.
So if you do, you know, if youdo mess up, you do make a
mistake, or you, you take a jobthat isn't a good fit.
(52:16):
Then you just regroup, man,like we, we're all, we're all
military or former military,we've all had to adapt and
overcome.
So, um, if you're, if you'restruggling in that transitional
period, you're, or you're aboutto get out, and maybe you're,
you're really just in your headand you don't know what's what,
(52:39):
what's your next step is goingto be.
That's okay, you know, likethat is perfectly okay.
And even in some cases, yearsout, like I'm almost yeah, I'm
four years out and there's stilldays where I'm like, am I doing
this right?
Am I?
Am I on the right path?
You know?
So I mean, even when you thinkyou've got things figured out,
it's okay to pivot, it's okay toregroup, and you know, and look
(53:02):
at the terrain, you know andreevaluate, and you know, all
our military training is helpingto prepare us for these kinds
of things.
But I will say you're not in themilitary anymore, so that is a
challenge, because sometimes wehave the military brain and it
does not compute with civilianworld.
(53:24):
So that is definitely part ofthe transition too, is you're
going to have to unwire andrewire your thinking sometimes.
So that's just part of thetransition process too.
You know, the military trainsus really well and we're, and we
get really good at our job inthe military, but they don't
(53:45):
always train us on how tosucceed in the civilian world,
you know, and that's okay, andit's not necessarily their
responsibility or their job,Like their job is to train us to
be military professionals.
So yeah, so I mean that's just along-winded way of saying you
know, if you're a veteran,you're struggling.
(54:13):
You know, find a mentor.
I mean reach out to.
I mean I'll volunteer myservices.
I mean, like I said, I'm stillfiguring a lot of this stuff out
myself, but you know we're allworks in progress.
So you know, I'm willing to bea mentor and help out the
veteran.
You know, even if it's afinance question, that's fine,
you know.
Or it's not finance, that'sfine too.
You know, I'm just here toserve and be an advocate for the
(54:34):
veteran community in any waythat I can.
And you know, once again, goingback to the military conference,
um, you know there's somereally inspiring people doing
some really inspiring stuff.
Um, so I'm really hoping to tokind of learn from those people
and really kind of pull back,you know, the curtain and see,
(54:56):
okay, what's what, how do I dowhat you're doing?
You know, like, how do I, howdo I get to your level?
You know, and and yeah, it'sjust, I'm just really excited
about that.
And and also I'm hoping tonetwork with and learn from
other finance professionals,because there's a lot that I
still have to learn about thefinancial world and I'm still
(55:18):
learning and I'm always going tobe learning.
So, um, I'm really excitedabout those opportunities.
Um, but uh, yeah, uh, that's,that's kind of uh, you know, uh
kind of a meandering um showtoday.
I apologize, you know, like Isaid, I um kind of a meandering
show today.
I apologize.
You know, like I said, I myguest.
We kind of had to, we, we adaptand overcome, and so we're, you
(55:43):
know, making it work and do, doless with more or do more with
less, right, that's what we'retaught in the military.
So, yeah, so, if you guys haveany, we're going to try to do at
least some kind of broadcast,or maybe we might not be able to
do a live show, but we're goingto try to do something and
(56:04):
we're going to have fun.
I think there's a couple runsthat we're going to do.
Also, just a quick shout out forIrreverent Warriors.
Just a quick shout out forirreverent warriors.
So, if you're, I did a on oneof my previous episodes.
I talked about them.
They're a nonprofit that doeswhat's called the silkies hike
(56:28):
hikes.
So you basically go out and youget you some silkies, some
short shorts, some runningshorts, and you go walking
through the, the, the city, thedowntown area usually, and, you
know, just blow off some steam,have a good time.
And there's actually one inmemphis this weekend and I'm
actually going to be attending.
(56:50):
So, if you, if you hear aboutirreverent warriors they're.
They're a great group of people.
They're essentially trying tocombat veteran suicides by
providing fellowship andcamaraderie and that sense of
togetherness that we miss frombeing in the military and most
people when they're isolated,that's when they're at their
(57:13):
lowest or their worst.
So we're trying to.
You know, this organization istrying to bring people
physically together, you know,because digital is one thing,
but, yeah, bringing peopletogether in person to, you know,
commiserate, vent, you knowshare successes, network and,
you know, get jobs.
(57:34):
Even so, yeah, irreverentWarriors check them out.
If you're going to be in theMemphis area, I think you can
still buy a ticket.
I'm not sure at this point, butit's going to be Saturday.
So, yeah, looking forward tothat, I might post some pictures
, some videos.
We'll see.
But yeah, look out for thosetypes of veteran um outreach.
(57:59):
You know organizations they'repopping up left and right and
you know that's part of what mbrI think we were.
We're good at like, trying tohighlight some of those um
entities and organizations.
So, um.
So yeah, look up irreverentwarriors.
You're a veteran, a veteranactive duty.
It is an exclusive group.
They don't allow families andeverything.
(58:20):
I don't even know if they allowmilitary spouses.
To be honest, I'm not sure, butit's meant to be inclusive in
that sense where it's exclusiveto just military and active duty
or active duty and veterans.
So, yeah, so just lookingforward to that.
Active duty and veterans.
So, um, yeah, so just lookingforward to that.
Um, if there's, if you guyshave any, any topics, uh to
(58:42):
discuss in the future, uh, hitme up, um Joseph, at the fire
social worker, at fire socialworkercom.
Uh, hit me up on Facebook, allthe different mediums.
You know where to find me,hopefully, and if you can always
just comment on the stream andthen I'll come track you down.
(59:03):
So, with that being said,that's going to end the stream.
I appreciate everyone who stuckthrough with this and looking
forward to the conference andjust meeting up with people.
So, thank you for everybody.
We'll see you guys on the nextstream.
Speaker 4 (59:23):
Ladies and gentlemen, thank you for tuning in to
Military Broadcast Radio as wewrap up today's show, we want to
remind you that the podcast oftoday's episode will be
available right after we go offthe air, so if you missed any
part of the show or want tolisten again, be sure to check
(59:45):
it out.
And remember we're here tosupport and honor our veterans.
Your stories and experiencesmatter.
Your stories and experiencesmatter and we are committed to
giving you a platform to sharethem.
That's right.
We're here to give our veteransa voice, so don't forget to
(01:00:09):
catch the podcast and stayconnected with us Giving our
veterans a voice.
performance in the field.
(00:00):
Our armor bundles provideunmatched safety and comfort,
while our battle belts andholsters ensure quick and easy
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Stay prepared for any situationwith our high-quality medical
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Looking to enhance your skills,Our firearms training programs
(00:20):
will take your proficiency tothe next level.
Trust LT Defense for all yourtactical gear needs and gear up
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Speaker 2 (00:29):
This entire military is one cohesive, dedicated force
.
And the threats to our nations?
They don't sleep.
They're watching our every moveIran, russia, china, north
Korea, isis, al Qaeda they maybe watching this right now.
Speaker 3 (00:51):
Our military should not be mistaken for our cable
news dad fest show.
We don't care what you looklike.
We don't care who you voted for, who you worship, what you
worship, who you love.
It doesn't matter if your dadleft you millions when he died
or if you knew who your fatherwas.
Speaker 2 (01:10):
We have been honed into a machine of lethal moving
parts that you would be wise toavoid if you know what's good
for you, we will not beintimidated.
We will not back down.
Speaker 3 (01:25):
We don't want war.
Speaker 2 (01:27):
But if you want war with the United States of
America, there's one thing I canpromise you, so help me.
God, someone else will raiseyour sons and daughters.
Speaker 4 (01:42):
Military Broadcast Radio, the station that's giving
veterans a voice find us on theweb at mbradious military.
Speaker 5 (01:53):
Um, I'm a certified financial social worker.
Um, I was in the air force for14 years and and then, um, I
paid off twenty thousand dollarsof of debt while I was active
duty within three years as an E3.
So that's kind of like I gotreally into personal finance and
so I've been really passionateabout that ever since, and that
(02:14):
was 10, 12 years ago now.
So since then I became a socialworker and now I'm a certified
financial social worker and nowI'm a certified financial social
worker.
So we kind of get into, youknow, dealing with finances, but
then also kind of dealing withthe psychology behind finances,
like the you know, the mentalside of things.
Speaker 4 (02:33):
So Ladies and gentlemen, your battle buddy
when it comes to finances.
Please welcome the fire socialworker, joey Laswell.
Speaker 5 (02:46):
All right, hey, buddy , that's a new intro, thanks to
the one and only H-Train.
Joel helped me put thattogether and so thank you, joel.
So this is Money in theMilitary.
My name is Joey and I am acertified financial social
worker.
You might know me as a firesocial worker, but I'm just here
(03:07):
to talk about some.
You know, just talk aboutfinances and you know, just
excited to be here and I do so.
Unfortunately I do my guest,chris Benson.
He is a army veteran that I'vebeen talking to.
He actually had to postpone ourmeeting or our interview, but I
(03:30):
do want to still talk about hisstory a little bit and then
we're going to have him on atanother time.
But this is part of livebroadcasting Sometimes things
don't go exactly the way theyplan.
But we're here, we're going tohave fun Might have to ask H to
(03:52):
kind of jump in every once in awhile and we're going to
basically just talk aboutentrepreneurship that we were
going to talk about with Chris,and you know I just wanted to,
you know, basically talk aboutthe ins and outs, the ups and
downs of entrepreneurship.
(04:13):
I'm kind of like mid-journey, orstarting this journey as an
entrepreneur, as a veteran, andyou know, we'll talk a little
bit about, maybe, some of themistakes I've made already.
Or, you know, like some lessonslearned, and you know,
hopefully I can prevent a futureveteran from making some of the
mistakes I've made already.
Or you know, like some lessonslearned, and you know, hopefully
I can prevent a future veteranfrom making some of the mistakes
I've made, but then also, youknow, maybe some some successes
that have come up.
(04:33):
So, just, you know, bear withus.
Thank you, Terry.
She says I got this.
Oh, thank you.
So, yeah, this is a.
You know, this is a.
You know, this whole podcastingthing has been a really awesome
experience.
I've met so many cool peopleand once again shout out to
Military Broadcast Radio,they're, they're just an amazing
(04:56):
group.
You know, and you know, we'rejust, we're here to to help
elevate veterans and militarymembers.
We're here to help elevateveterans and military members
and part of my mission that I'vestumbled upon lately is to try
to elevate, you know, veteranswho are really doing really cool
things in the entrepreneurialspace.
And, you know, just to givepeople something to cling to and
(05:19):
some kind of you know, somekind of advice, counsel,
guidance to jump onto.
So, real quick.
We're going to talk a little bitabout, maybe, some current
events, financial current events.
So we got some stock marketperformance.
So last episode we talked aboutthe Fed rate cut, the 50 basis
(05:42):
points, and how that mightimpact things.
And, as we saw with the stockmarket, basically there were
gains driven by the economicdata strong corporate earnings.
The Dow Jones increased by0.62%, s&p rose by 0.4%,
including the Federal Reserve.
(06:03):
They were expected to implementmore moderate rate.
Well, they did implement themoderate rate cuts.
So, yeah, I mean, we'll kind ofsee.
It seems like the markets likedthe idea of the market or the
Fed Reserve cuts.
So so far it seems like nothing.
The sky isn't falling and themarkets are kind of stabilizing
(06:27):
with that news and kind ofprocessing it.
But but yeah, so we'll also seewhat we got.
Oh, I missed.
Yeah, so we got.
You know, inflation is comingdown still in most major
economies, you know, but thereare concerns about public debt
(06:49):
and some, you know, obviously,geopolitical stuff going on the
central banks, including theFederal Reserve.
So we've got the, yeah, moremoderate rate cuts and let's see
what else.
And let's see what else.
Yeah, so we also got Costco'sfinancial results.
So we'll talk a little bitabout that.
(07:10):
So they released their fourthquarter and fiscal year 2024
earnings, reporting net sales of$78.2 billion, a slight
increase from last year, andthen a 1% rise in overall
revenue, with membership feescontributing significantly to
the steady performance.
So, uh, you know, things aregoing generally good, it seems
(07:30):
like for the account, at leastfor the big companies.
Um, maybe not for the little,the little guy as much, but um,
uh, and then the, the last topicof the uh kind of like news
cycle stuff oil prices andcommodities.
So oil prices remain steadydespite concerns over decreased
demand from China.
(07:50):
So there's a lot of push forEVs in China lately, and then US
stockpile reductions helpbalance the market.
And then copper is in demand todo its essential role in
renewable energy products,demand to do its essential role
in renewable energy products.
So, yeah, those are kind oflike the top line kind of
(08:15):
financial industry stuff, yeah,so if anyone has any additional
comments to that, just let meknow.
Yeah, and so basically back to.
So I did want to talk a littlebit about the Military
Influencer Conference that'scoming up in Atlanta, georgia.
Hopefully we're not going to berained out, but I mean, with
(08:37):
the weather hitting soon.
Hopefully by Monday things willbe cleared out.
So hopefully everyone is goingto be safe during this storm.
It's going to be pretty, pretty, pretty intense.
Tallahassee looks like they'regoing to get hit pretty hard, so
hopefully, if you're in thepath, stay safe, stay, stay dry
(09:04):
as much as possible.
Yeah, so the Military InfluencerConference is going to be in
Atlanta from September 29th tothe 3rd.
It's just like three or fourdays, but it's man, it's got.
It's just going to be chockfull of really great speakers
sessions.
You know I'm looking at it, youknow, as a budding entrepreneur
(09:26):
, but then also as an advocatefor veterans, mental health, um,
and you know, obviously,learning about the financial
industry, um, you know, learningmore from cause.
There's going to be tons ofpeople from all different walks
of life, all different.
You know careers andprofessions and you know so
(09:48):
Terry's going to be there fromTracer Rounds, we're going to
have Amber from Into the Weedsand, I believe, john from
Retirement Military RetirementPodcast I believe he was going
to show up too.
Military retirement podcast Ibelieve he was going to show up
too.
So we're going to have a littlebit of a um, an MBR um meeting.
(10:09):
Uh, very first time, at leastfor some of us, to ever meet in
person.
So we've been on each other'sshows and and and, and, you know
, been part of the MBR familyand I'm just really excited to
to meet them in person.
And you know, we might try todo to meet them in person and
you know we might try to domaybe an offline podcast.
It might be really impossibleto do a live stream because
(10:33):
there's going to be so manypeople in this venue and who
knows what the internet's goingto look like.
But you know, stay tuned, we'llsee what we can try to pull
together.
But, yeah, so I think JonStewart is actually going to be
speaking at some point duringthis event, if I remember
correctly, and just so many, somany different opportunities.
And you know, like, I'm alsohoping to connect with other
(10:55):
podcasters to help, you know,spread the word about MBR and,
you know, maybe even encouragesome of them to join, to join us
and, uh, you know, join thatthe MBR family, um, because
we're still growing.
And um, you know we got new,new shows launching um, pretty,
actually pretty much regularly.
We got uh H.
(11:15):
Do we have a couple comingonline pretty soon, do you?
You remember, um, but yeah, Iknow we got, I know we got at
least one or two coming down theline.
But so, yeah, like this isanother part of my
entrepreneurial journey.
You know that I'm trying tolearn about businesses and
(11:36):
starting businesses and growingbusinesses, so I'm hoping to
kind of learn from a lot ofthese sessions, these breakouts,
these speakers.
It's going to be really fun.
You know, I'm generally anintrovert, even though I have a
podcast, that's kind ofcontradictory, but you know I'm
(11:58):
usually a quiet person and yeah,so, but I mean, I'm getting a
lot of good.
Like there's an app that youcan download and talk to people
and network with the uh, withother attendees, so it's just
really.
It's just a really cool um uhevent that I'm really excited
about.
And yeah, according to Terry,we had a new launch today.
(12:19):
Awesome, um, yeah, so we we'vegot MBR is just chock full of
great, great content.
Um, there's and there's newcontent coming on the on, almost
on the weekly at least.
Uh, multiple times a month itseems like there's a new, a new
(12:39):
show launching and uh, you knowthese are all veterans that are,
you know, just like, like meand Terry and and and H.
You know we've all had ourstruggles, we've all had our you
know our journeys and we'rekind of trying to share what
we've learned along the way andthen also lift up veterans.
So I mean it's just a really,really great organization.
(13:02):
I can't I can't speak enoughabout it.
I probably sound like a brokenrecord at this point, but it's
just been a really enrichingexperience.
A great group of people andjust like-minded veterans that
are just trying to help eachother.
And we all have our own niche,our specialties.
Mine might be personal finance,but you know, I'm still
(13:27):
learning about personal financeand learning about, you know,
how to, how to help people withtheir finances.
So I'm a work in progress.
Um, I don't know much aboutbusiness and I'm still learning
all that stuff too.
Um, so, yeah, we're all, we'reall learners.
Um, none of us are experts atpodcasting.
We're literally growing andlearning on air.
(13:47):
So so, yeah, we, we appreciateall, the, all the listeners, all
the supporters, whether it'sfinancial or just giving us a
like or thumbs up.
Man, we, we, just, we just loveyou guys, we love the, we love
the MBR family and and all andand um supporters.
So, um, yeah, so um, we got,yeah, jose Flores right on Joey
(14:11):
learning also.
Yeah, another new, um, newpodcast podcaster.
Um, just just great stuff goingall around.
We've we've got, um, you know, alot of different topics to talk
about, or all of uscollectively have different
topics that we like to talkabout.
But if you're interested onbeing featured on MBR, then you
(14:37):
know find one of us or go to theMBR website, mbradious, and,
you know, reach out to us.
If you have a cool story totell or if you just, you know,
have something you know thatyou're passionate about as a
veteran, let us know.
You know we're definitely downto entice and encourage all
(14:59):
kinds of veterans from all walksof life to share their story.
You know, we're just giving youa voice.
So, um, so, yeah, that's thethat's kind of my long winded
way of saying thank you to MBRand thank you to Joel and
everybody.
That's uh kind of helped, uh,guide all of us to where we are
and where we're going to go.
You know, and who knows where,where this is going to take us.
(15:22):
But I mean, mean, I neverthought I would be going to a
conference, uh, a militaryinfluencer conference, but it's,
um, it's a, it's really cooland exciting.
So, um, so, with that beingsaid, we're gonna take a little
bit of a break and have some, uh, musical interlude.
So, um, let's see, I really I,I do love me some noah, but you
(15:45):
know, I've also recentlydiscovered Andrew Roboro, yeah,
so I've been really feeling thissong lately.
Speaker 7 (15:54):
So I'm going to start off with hey Joey, I was going
to say when we come back off ofthis music break.
The one question that I havefrom a listener is there's a lot
of talk between this tax,tariff stuff that they keep on
throwing, this political agendathing.
(16:15):
Can you break it down andexplain to us what this 200% tax
is that he's warning John Deereabout?
Speaker 5 (16:26):
Yeah, yeah, okay.
Yeah, we can talk about thatfor sure.
All right, so we'll do a quickmusical break and then, when
we're back, we'll talk aboutsome tariffs.
Speaker 8 (16:52):
Been ten years since I'd seen his face.
Not much had changed, just adifferent time, different place.
When I shook his hand, I knewsomething had changed.
(17:17):
This was a different man fromthe one I knew back then that's
when he said we do the goals.
Yes, I stand in line and watchthe flag wave and grind.
Speaker 9 (17:42):
You see, this is what I do.
Yes, I bleed red, white andblue.
Speaker 8 (17:56):
He told me the tales of his journeys far away, three
times gone and land most on hisseat on the front page With
honor and glory.
(18:17):
He stood so tall and fought foryou and I so we could be free
From it all.
Speaker 9 (18:32):
That's when he said With duty calls, yes, I stand in
line and watch the flag wheelgo by.
You see, this is what I do.
Yes, I bleed a little out ofthe room.
(18:53):
When duty calls, yes, I standin line and, once again, we pray
.
You see, this is what I do.
(19:14):
Yes, I bleed.
This is what I do.
Yes, I bleed.
This is what I do.
Yes, I bleed.
Oh, this is what I do.
Yes, I bleed, little I know.
Thank you, veterans of Voice.
Find us on the web at mbradious.
Speaker 6 (19:59):
Opinions expressed in this program are those of the
speakers and do not necessarilyreflect the views or positions
of any entities they represent.
Speaker 2 (20:09):
Find us on the web at mbradious.
Speaker 5 (20:14):
All right, we are back, we are live.
This is Money in the Military,on Military Broadcast Radio
giving veterans a voice.
So before the break we weretalking, joel actually had a
question from a listener andwanted to kind of have a
breakdown of tariffs.
So I actually had to kind ofyou know, and during the break I
(20:38):
wanted to refresh and kind ofyou know, because it is a
buzzword, a talking you know, apolitical talking point, and I
think it's one of those thingsthat a lot of people hear, think
about but maybe don't fullygrasp, and so I actually use a
little bit of chat, gpt to kindof like break it down for me,
help me explain it in a way.
(20:59):
And then also, you know, justfor me to brush up on what, what
it is that you know, the morenuanced definition, what are the
implications you know, and howwould it be implemented or how
is it being implemented now?
So basically it's essential.
A tariff is essentially a taxthat the government places on
goods and services that areimported from other countries.
(21:21):
So it's kind of like a fee thatforeign companies will pay to
basically have their productsinto our country.
So that's kind of like the verybasic definition of it idea
behind tariffs as far as a atool is, you know it basically
(21:42):
makes imported goods like moreexpensive and it encourages more
companies to to produce localgoods, so american-made products
.
So that's kind of like you knowother countries will might be
disincentivized to to import toamerica because they're like, oh
, it costs more money for us.
So it'll essentially encourage,you know, local owned business
and you know local manufacturingand you know, protect American
(22:05):
jobs.
So that's that's kind of likethe you know the big pro and you
know it also brings in moneyfor the government which we can
use that money to.
You know fund public services,infrastructure, education,
national defense, things likethat.
So I mean you know there's there.
You know there's a lot of goodthat comes from tariffs.
You know Um, so you knowthere's like an example of uh
(22:28):
like a Chinese company mightmight make a bicycle and want to
send them and sell them in theU?
S.
So without a tariff, you knowknow they would sell the bike
for like 200 bucks.
But if the government has a 25%tariff, let's say on imported
bicycles, and the company nowhas to pay an extra $50 per bike
to bring that into America, sothey're going to lose money.
(22:53):
China's going to lose money,but we're going to make money
off of that tariff, you know.
So it's kind of a win-win foreverybody in that sense.
Well, it's not a win for China,because now they're going to
lose profits, but it's a win forAmerica because you know
they're bringing in extra moneyfrom a product that we're going
(23:16):
to, you know, sell in America.
So you know that's kind of anexample.
And then as a result, you knowconsumers might be like, well,
it's makes more sense to buy anAmerican made product because in
theory it will be cheaper, youknow, because you don't have to
import it and there's not anextra fee or anything like that
(23:38):
to to associate with it.
So you know some people sayit's going to raise the price of
goods.
I mean it might raise the priceof goods for, you know, for
small business owners, you knowthat is a possibility because of
the tariffs, like you know,it'll cause some prices to go up
.
So there is that risk.
But the idea is, you know, it'sgoing to encourage
(24:01):
American-made products andpeople to buy American.
So that's kind of like ageneral, you know, kind of an
illustration.
You know.
So the positives you knowthere's, you know it might help
reduce competition.
So if you're a new business inAmerica and you know your your
(24:22):
basic, because I mean, look,let's think about, like Timu and
and these you know really cheapChinese products that are
coming in, you know a smallbusiness that's starting out
might not be able to competewith that those pricing.
So you know, like it it, itdoes uh affect, you know, those
new businesses.
So by encouraging, um, you know, people to to buy American by
(24:47):
local, um, then that's good forthe locals, economies all around
, um, so yeah, so there's uh,there's yeah, there's a lot of
uh, there's a lot of pros andcons.
I mean, obviously, the globaleconomy.
Then you have, like, you know,american economies.
I don't know if there's a rightor wrong.
(25:09):
Necessarily, I mean, there aregoing to be implications and
things that we don't foresee.
You know, like, if they, um, ifthey do raise tariffs, then
then you know, people are goingto say, yeah, like, uh, um, you
know it's going to, it's goingto raise the price of some goods
.
It just just, it just kind ofis, or it is possible that it's
(25:31):
going to raise the price of ofgoods because, let's say, a
Chinese company brings in aproduct and you know, they know
they're going to get tariffs, sothen now they're going to raise
their prices.
So now, what would have been?
You know that $200 bicycle, andnow they raise the price to
$225 or $250 to recoup the costof the tariff.
(25:52):
So, in in, yeah, it could causeprices to go up.
In general, it could alsoaffect small businesses because
they're reliant on some of theseimported products.
So, yeah, I mean it's a trickybalance, but it is one of those
things.
It's politics there's all kindsof ins and outs.
(26:12):
Yeah, some of the othernegatives, possible negatives.
Yeah, some of the othernegatives, possible negatives.
So, yeah, so it says thattariffs can lead to higher price
for consumers, not just onimported goods, but also on
domestic products.
The local companies have toraise their prices due to
reduced competition.
So if there's less competition,then they could potentially,
(26:41):
you know, have to raise theirprices.
It could provoke a trade warwhere other, basically, they
might retaliate the country andsay, okay, well, we're going to
import, we're going to puttariffs on your products and
then that's going to take moneyaway from us.
So you know, there's going tobe, there is a potential for
things like that, and thendomestic industries might become
less innovative without thepressure of foreign competition.
(27:02):
To approve, yeah, I'm not reallysure.
I mean competition is good forcompanies and capitalism and
things like that.
But yeah, between the differentcandidates you've got two very
different ways of of how to togenerate money into the economy.
(27:22):
But you know, like tariffs workfor for a lot of things, and so
it's not like it's uh, it'stariffs equals bad, you know, um
, but then you know like, forinstance, uh, for the veteran
community, you know like, if alot of veterans are trying to
start businesses, you know, orrunning businesses, so this
(27:42):
could affect their bottom line.
And then, as a kind of a youknow personal well, I don't
really have any products thatI'm selling per se like an
actual physical product, but,like you know, if I was, you
know, had a storefront and I wasselling XYZ product, you know a
new tariff came into place andthen that directly affected my
(28:05):
bottom line, because now thesame products that I was getting
at, let's say, $50, now cost me$75 or $100.
So, yeah, I mean there are realworld impacts for these tariffs
and and and some good, some bad,and so it's just, you know,
it's kind of a I'm not a that's.
(28:26):
That's kind of like the globaleconomy, economics, and that you
know there's so many factors atplay there that it's really
hard to predict what's what'sactually going to work.
It's really hard to predictwhat's actually going to work,
and you know like that's kind ofthe tricky balance of just
(28:46):
managing that level of finances.
But yeah, so you know, it's oneof those things where you know
it's a political talking point.
A lot of people maybeunderstand it, you know.
And even if you do understandit, it's kind of like, well,
what's what's actually going tohappen, you know, when the
rubber meets the road, so, uh,that you know.
That kind of remains to be seen.
Speaker 2 (29:08):
But uh, you know it is.
Speaker 5 (29:09):
It is one of those talking points and and um, you
know, it is something that, asas citizens, we do need to be
mindful of and be aware of.
That.
You know, okay, what does whatdoes a tariff 200% for John
Deere tractors you know how doesthat affect a farmer, you know,
is that going to basically maketheir, their products, more
(29:32):
expensive in?
In theory, I mean, I would sayit probably would, but I I mean,
is that going to bring in more,more money into the economy?
Yes, it would.
Um, so, I mean, yeah, it's just, it's really it's, it's a tough
.
It's a tough.
Um, uh, threading that needle.
I, I mean that's why I'm not inpolitics, because I, I wouldn't
(29:55):
know necessarily, I mean, Iwould have to look at, like, a
lot of different data sets toreally try to make sense of,
like, okay, what is the rightpercentage of terrorists?
Like what?
What you know how much on whichtype of product?
And and, yeah, so, um, sothere's a couple of historical
examples, um that that I cameacross.
(30:15):
Uh, in 2018, the U?
S imposed tariffs on importedsteel and aluminum to protect
the domestic producers.
This move was intended tobolster national security by
ensuring strong domestic metalindustry, but also led to
increased costs for Americanmanufacturers using these
materials.
So, yeah, that was 2018.
I vaguely remember that and Iremember hearing that, yeah,
(30:53):
local industries were kind ofaffected by it and you know, it
did cost national security byensuring strong domestic metal
industry, I guess so.
But yeah, so let's see.
Yeah, we can play a quick clipand see what this Iowa economist
(31:14):
weighs in on Trump's proposed200% tariff on John Deere
products.
Let's see how is it working.
Let me see, is it playing?
I don't know, I can't hearanything, joel.
(31:40):
I don't know I can't hearanything, joel.
I don't know if it's working ornot.
But yeah, there's a video onscreen that Joel popped up his
screen, or a video that we cantry to play.
But yeah, like, what are youguys' thoughts on tariffs and
what is it?
Does it mean anything to you?
(32:00):
I don't know.
Like it's one of those thingsthat's, it doesn't affect people
until it does.
Speaker 8 (32:10):
Ever since I was young, my dream has been to open
a chocolate shop to make unique, colorful, world-class
chocolate.
Speaker 11 (32:17):
I had to play open a chocolate shop to make unique,
colorful world-class chocolate.
Speaker 8 (32:22):
Okay, well, um easier , so I can focus.
Speaker 5 (32:28):
Oh, there we go got a good for this ad.
Speaker 8 (32:32):
Sorry, it's a really good people I'm alexandra clark,
founder and head chocolatier ofBon Bon Bon.
Speaker 3 (32:41):
Donald Trump is threatening Deere and company
with stiff tariffs if it goesthrough with moving some
manufacturing jobs to Mexico.
Speaker 11 (32:48):
Now, if he's reelected, Trump says he'll
impose a 200% tariff on JohnDeere products if the company
shifts production work to itsplanned Ramos Mexico plant.
Kcrg TV9 state capital reporterConor Hendricks looks at the
impact that proposed tariffcould have.
I'm just notifying John Deereright now.
Speaker 5 (33:06):
If you do that, Looks like it's frozen up a little
bit, so we'll try to get thatvideo to play.
It's probably buffering orsomething.
Speaker 7 (33:31):
There we go.
Sorry about that, I was on mute.
Can you hear it or can you not?
Speaker 5 (33:37):
I can hear it, yeah, but it just kind of froze for a
second.
Speaker 7 (33:40):
Okay, I'll fix that.
Speaker 3 (33:41):
Everything that you want to sell into the United
States.
John Deere has made severalmoves as farm income has fallen
for the past two years.
Speaker 6 (33:49):
Happening today.
More than 300 John Deereworkers in Waterloo are now
without a job.
Speaker 3 (33:53):
Hundreds of employees at John Deere may have clocked
out for the last time 34production workers will be
placed on indefinite layoffeffective May 31st.
The company has laid off morethan 1,600 employees.
It has also started shiftingsome of its production to Mexico
.
It's hurting our farmers.
It's hurting our manufacturing.
Trump wants his threat ofhigher tariffs to force
(34:14):
companies like John Deere tokeep production in the US.
Iowa State University economicsprofessor Peter Arazum says
higher tariffs won't likely dowhat Trump wants.
Speaker 12 (34:23):
Making parts more expensive for John Deere is not
going to help John Deere either,and it probably would not help
jobs in the United States.
So I think some of this isn'tperfectly well thought out.
Speaker 3 (34:35):
Arazam says it increases the cost of the parts
brought into the US andincreases the cost of the
finished product.
So the consumer loses and thecompany loses.
I asked Iowa's members ofCongress and their Democratic
challengers about Trump'sproposals and what it would do
to producers.
Representatives Miller, meeksand Henson sent a statement.
(34:56):
They didn't answer directly,but both blame President Biden
for rising costs.
Erasmus says that a presidentcan't just decide to impose a
tariff because we have tradeagreements with Canada and
Mexico.
If Trump were to do this, itwould require an act of Congress
.
That said, he doesn't foresee a200 percent tariff on John
Deere products becoming areality anytime soon.
At the Iowa Capital Bureau, I'mConor Hendricks reporting.
Speaker 5 (35:21):
Yeah, okay, well, there you go.
It's one of those things wherethe intention is to keep the
companies from, that's, thedomestic side.
They want to keep things in thedomestic side of production,
which is great, you know,because yeah, that's gonna, it's
gonna lose jobs or you know,like you know they're gonna lose
(35:43):
jobs to Mexico or Canada.
But yeah, I mean, like, thepractical reality, like like
they said in the video, was thatyou know it will raise prices
for the company and you know,eventually the consumer might
feel.
The video was that you know itwill raise prices for the
company and you know, eventuallythe consumer might feel the
impacts of that, because if thecompany is having to raise
prices or is being charged morethan in theory, they're going to
(36:07):
have to put that pricing downto the customer.
So, yeah, so I mean that'sthat's uh, once again, that's
what it's a trick, it's a trickybalance to try to uh figure out
how to, how to manage um global.
You know you have trade, global, trade agreements, um, things
like that.
So I mean it's, yeah, it's,it's really tough to uh to kind
(36:27):
of manage all that.
But uh, but yeah, what do youguys think?
It's a?
You know it's an interestingtopic of discussion.
You know, um, how does thatimpact um local businesses?
If you're a veteranentrepreneur and you have like a
storefront, you know how wouldthat impact you with um higher
tariffs?
Would you support it?
You know so yeah, so, uh,comment, if you're, if, if
(36:48):
you're a business owner and thatyou know what are your, what
are your thoughts on um, on moretariffs to bring in more money
to the local economies?
So, while we digest that, we'regoing to take another quick
break and actually I wanted tohighlight one of that, chris
(37:08):
Benson, his project a little bitand just talk about what he's
been working on, and then we'regoing to have him back,
hopefully soon, or have him onthe show, and you know he's got
a really cool story to tell, soI'm really excited to have him
on eventually.
Speaker 6 (39:26):
But in the meantime we're going to have a little
Noah Peterson and his funky jazz.
Funky Jazz, thank you, Thankyou.
Opinions expressed in thisprogram are those of the
speakers and do not necessarilyreflect the views or positions
of any entities they representfind us on the web at mbrRadious
(39:51):
.
Speaker 5 (39:53):
All right, we are back.
My name is Joey the fire socialworker and we're here with
Money in the Military onMilitary Broadcast Radio where
we're giving veterans a voice.
So before the break we weretalking about tariffs and kind
of breaking that down a littlebit and yeah, so kind of
(40:14):
breaking that down a little bitand uh, yeah, so kind of wanted
to transition and you know, weoriginally were going to have
Chris Benson on the show.
We had a kind of a scheduling,um conflict happen, and so, yeah
, we're going to have him on theshow.
But I did want to highlight, um, you know, one of the things
that he's.
He's introduced me to a projectthat he's kind of been a big
(40:35):
part of and that's these veterancards.
And if you're on like theveteran business Facebook pages
and things like that, you mighthave come across these or seen
the advertisements.
They're really kind of startingto roll out more and more, but
it's essentially kind of like adigital business card slash,
website slash, you know, kind oflike a landing page for your
(41:01):
business and specifically gearedtowards veterans.
I mean, they have them for, youknow, civilians as well, kind
of like a network that they'rekind of building and promoting
for veterans, to help supportveterans, either through, you
know, networking with otherbusiness owners.
You know, be like hey, part ofmy veteran network is XYZ, you
(41:27):
know like an appliance repairperson, or you know like, so
basically, these veterans arecreating business, um, uh, pages
and uh, and are able to connectwith with other people.
So I'm just gonna quickly showum, show what, what his looks
like.
Um, and you know I'm I'm surehe'll be fine with me showing
(41:51):
this, but yeah, so we have.
So his, he's part of a companythat is, you know, troops Hold
Junk is the name of his company.
It's actually a franchise thathe's a part of.
So this is what it looks likeand you know it's.
It's, you know it's.
(42:11):
It's a fully functional websiteand you know it basically has
basically has what you're tryingto do or what you can do, and I
really like this part.
So you pull it up on your phone, on your mobile browser, you
click on the QR code and thenbasically somebody can take out
their phone, scan it and thenbasically it will pull up their
(42:33):
veteran card page so they don'teven have to type anything in
and then they have access toyour veteran card page and then
you can have it basically quicklinked to your Facebooks, your
Twitter, linkedin, all thesedifferent social, because, let's
be honest, most businesses haveto manage like five or six
different accounts, so this kindof keeps it all in one nice
(42:56):
place.
And then, yeah, there's also,you know, all the hyperlinks
down here.
It's a quick function to,basically, you know, you pull
out your phone and then you addto contacts and then basically
it comes up with like the fullcontact information with your
picture, everything it's reallysnazzy, really cool.
You can link to your websiteand you know all these are
(43:19):
customizable.
You know you can basically,yeah, I mean, every little thing
is hyperlinked.
So you know, if you want to setit up to where you can do a
consultation, you can do that,you know.
If you want to set it up towhere you can do a consultation.
You can do that and yeah, sokind of you can text and kind of
(43:44):
talk about your business, alittle bit of your backstory.
You can put videos in there,like he's got a video about his,
about his journey, and you knowjust, it's just a really clean,
cool website design.
And yeah, just, you know,instead of having to carry
around a bunch of business cards, you can use this as your
(44:06):
business card.
Because, I mean, everyone has asmartphone nowadays and it's
just really kind of cool andhelpful to just pull out your
phone, have somebody scan, pullout their camera app, scan it
and then suddenly now they haveaccess to all your business
information how to book you, howto contact you, everything.
(44:29):
It's just boom, instant.
So I mean I think it's reallycool, it could be a game changer
.
And there's other services.
That's other you know servicesthat are out there that are kind
of similar.
You know Linktree is it's kindof like Linktree, but I mean
obviously it has much morefunctionality.
But it's also, you know, builtfor veterans.
(44:50):
You know to connect with otherveterans and it's just really
it's a really cool platform andyou know to connect with other
veterans and it's just really.
It's a really cool platform andyou know it's just.
It's just really, yeah, reallycool.
And you know I'll go ahead andjust highlight that I had one
too.
You know, in preparation forthe conference, I went ahead and
signed up with them and I justwanted to try it out.
(45:12):
And you know this is what theybuilt.
You know just has.
It's what they built.
Um, you know just has.
It's just really cool.
I mean, it's just somethingthat I'm like nerding out about,
but it's just really cool.
Um and uh, you know like it has.
Basically, you make it howeveryou want.
You know I work with them.
You can put in like a ticketand and they can kind of tweak
things for you, um, on their end.
(45:33):
So very professional, very,very cool team to work with.
And yeah, I mean you can just,you can just have all kinds of
things on there.
And this is obviously shamelessself promotion for me, you know
, because I do offer financialcoaching if you're interested.
But but yeah, that's not theintent of this podcast.
(45:56):
So so, yeah, I just wanted tohighlight what, what a cool
product this is and a really,really great team of people, and
so, if you're interested in in.
You know, getting somethinglike that set up, you know, just
type out veteran cards and youknow you should be able to to up
.
You know, just type out veterancards and you know you should
be able to to find.
(46:18):
You know how to how to set thatup.
So it's really, yeah, reallycool.
Yeah, tracer rounds podcastsays that's cool.
Yes, it's a cool thing.
You know, it's just one ofthose things that you never
thought would be like like, ohokay, yeah, that's that's
interesting.
But yeah, as far as being anentrepreneur, business owner,
(46:39):
you know, as I'm getting in inlearning about businesses and
and being one a business, abusiness owner myself, I'm
realizing that networking ishuge, you know, and it's not
something that comes naturallyto me, but I also realize that
there's a lot of value innetworking.
(47:00):
So this is just one of manytools that you can use.
And you know just something,something you know cool it's.
It's it's like I said, the teamis really cool to to work with.
So, yeah, we're going to haveChris on in the near future and,
(47:20):
you know, kind of pick hisbrain.
Like I said, he's got a coolstory to tell and his journey
from army to, you know, kind ofstruggling and then, you know,
finding, basically finding his,his niche, his passion, and, uh,
you know, once again, that'sjust that's that, really.
That really lights me up hereand hearing these really
(47:40):
inspirational stories fromveterans, um, because there's no
, there's no roadmap fortransitioning out of the
military.
You know, like they, they tryto give you some, some guides to
help you along the way.
And, like they, they try togive you some, some guides to
help you along the way.
And like transition, uh,transition programs are great
(48:02):
and all I'm not going to, youknow, talk bad about them, but
you know, there's just only somuch they can cover.
And so, you know, by by tellingsome of these veterans stories,
I'm hoping that, you know, ifyou're an active duty military
member right now and you'relistening to this, you might be
able to learn from anotherveteran's journey.
So I think I've mentioned itbefore Like I feel, like I'm a,
(48:26):
I'm a time traveler, I'm in thefuture, you know, and I'm I'm
trying to distill and instill inpeople that are active duty to
say, hey, you know, look overhere.
Like this is something that youeither should do or shouldn't do
.
One thing I would say should dois, if this is something, if
(48:46):
entrepreneurship is somethingthat you're interested in.
Boots to business I learnedabout that kind of after the
fact and I'm still workingthrough the Boots to Business
program.
There's VBOX, which are localveteran business I forget the
(49:07):
acronym, but there's so manyacronyms.
But yeah, so there are tons andtons of resources out there and
I think that's part of theproblem too is that it's so hard
to navigate so many resourcesand a lot of veterans get
overwhelmed and you know theytake the first thing that comes,
you know to them and you know Iget it.
I, my first job out of the airforce was a life insurance
(49:31):
salesman and uh, that wasn't agood fit for me.
I'm generally not like thesalesman-y type and I went into
that actually thinking that Iwas going to become a certified
financial planner because theyhad like this kind of trajectory
where you start off as a lifeinsurance agent and then you can
(49:52):
transition to the CFP program.
So that was kind of how I, howI envisioned it.
But you know, when it came downto it, it just wasn't a good
fit.
And I would say to other activeduty members you know you're
going to have not good fit jobs,you know, and that's just the
reality.
So don't don't get uh, don'tget so fixated on having to find
(50:17):
that unicorn job that is likethe perfect job for you, um.
So yeah, just just, you know,like it's a journey, it's, it's
a um, it's a process and it'snot.
It's not always easy and it'snot always easy clean and fun.
And you know, sometimes youjust got to roll with the
(50:40):
punches.
And every one of, from whatI've seen on, you know, all the
different NBR podcasters, we'veall been on a journey and every
I feel like every veteran, everyactive duty member that
transitions, is going to be on asimilar journey.
Some people make it look easyand some people have everything
figured out, but don't use themas the blueprint because just
(51:06):
because they might've gottenthat dream job right out the
military, you know, you don'tknow what all they did to get to
that point, you know.
So I mean, maybe they workedtheir butt off and and they were
hustling from day one day oneof the military and they were.
That was their trajectory,their plan.
You know so good on them andthat's awesome.
But yeah, I mean, your journeyis your journey and you know I
(51:30):
would not.
I would encourage you not tocompare yourself to your peers.
And yeah, terry makes up a goodpoint.
Every experience prepares youfor your next step.
We fall forward and that's agreat you know, it's a great
idea because you know, you know,sometimes you do feel like
(51:55):
you're falling, you know, andwe're all falling, you know.
But you, you, you catchyourself with that next step.
You catch, you know, you catchyour footing and you're moving
forward.
You know it might be an awkwardstep, it might not be the most
efficient step, but you're,you're moving forward.
So if you do, you know, if youdo mess up, you do make a
mistake, or you, you take a jobthat isn't a good fit.
(52:16):
Then you just regroup, man,like we, we're all, we're all
military or former military,we've all had to adapt and
overcome.
So, um, if you're, if you'restruggling in that transitional
period, you're, or you're aboutto get out, and maybe you're,
you're really just in your headand you don't know what's what,
(52:39):
what's your next step is goingto be.
That's okay, you know, likethat is perfectly okay.
And even in some cases, yearsout, like I'm almost yeah, I'm
four years out and there's stilldays where I'm like, am I doing
this right?
Am I?
Am I on the right path?
You know?
So I mean, even when you thinkyou've got things figured out,
it's okay to pivot, it's okay toregroup, and you know, and look
(53:02):
at the terrain, you know andreevaluate, and you know, all
our military training is helpingto prepare us for these kinds
of things.
But I will say you're not in themilitary anymore, so that is a
challenge, because sometimes wehave the military brain and it
does not compute with civilianworld.
(53:24):
So that is definitely part ofthe transition too, is you're
going to have to unwire andrewire your thinking sometimes.
So that's just part of thetransition process too.
You know, the military trainsus really well and we're, and we
get really good at our job inthe military, but they don't
(53:45):
always train us on how tosucceed in the civilian world,
you know, and that's okay, andit's not necessarily their
responsibility or their job,Like their job is to train us to
be military professionals.
So yeah, so I mean that's just along-winded way of saying you
know, if you're a veteran,you're struggling.
(54:13):
You know, find a mentor.
I mean reach out to.
I mean I'll volunteer myservices.
I mean, like I said, I'm stillfiguring a lot of this stuff out
myself, but you know we're allworks in progress.
So you know, I'm willing to bea mentor and help out the
veteran.
You know, even if it's afinance question, that's fine,
you know.
Or it's not finance, that'sfine too.
You know, I'm just here toserve and be an advocate for the
(54:34):
veteran community in any waythat I can.
And you know, once again, goingback to the military conference,
um, you know there's somereally inspiring people doing
some really inspiring stuff.
Um, so I'm really hoping to tokind of learn from those people
and really kind of pull back,you know, the curtain and see,
(54:56):
okay, what's what, how do I dowhat you're doing?
You know, like, how do I, howdo I get to your level?
You know, and and yeah, it'sjust, I'm just really excited
about that.
And and also I'm hoping tonetwork with and learn from
other finance professionals,because there's a lot that I
still have to learn about thefinancial world and I'm still
(55:18):
learning and I'm always going tobe learning.
So, um, I'm really excitedabout those opportunities.
Um, but uh, yeah, uh, that's,that's kind of uh, you know, uh
kind of a meandering um showtoday.
I apologize, you know, like Isaid, I um kind of a meandering
show today.
I apologize.
You know, like I said, I myguest.
We kind of had to, we, we adaptand overcome, and so we're, you
(55:43):
know, making it work and do, doless with more or do more with
less, right, that's what we'retaught in the military.
So, yeah, so, if you guys haveany, we're going to try to do at
least some kind of broadcast,or maybe we might not be able to
do a live show, but we're goingto try to do something and
(56:04):
we're going to have fun.
I think there's a couple runsthat we're going to do.
Also, just a quick shout out forIrreverent Warriors.
Just a quick shout out forirreverent warriors.
So, if you're, I did a on oneof my previous episodes.
I talked about them.
They're a nonprofit that doeswhat's called the silkies hike
(56:28):
hikes.
So you basically go out and youget you some silkies, some
short shorts, some runningshorts, and you go walking
through the, the, the city, thedowntown area usually, and, you
know, just blow off some steam,have a good time.
And there's actually one inmemphis this weekend and I'm
actually going to be attending.
(56:50):
So, if you, if you hear aboutirreverent warriors they're.
They're a great group of people.
They're essentially trying tocombat veteran suicides by
providing fellowship andcamaraderie and that sense of
togetherness that we miss frombeing in the military and most
people when they're isolated,that's when they're at their
(57:13):
lowest or their worst.
So we're trying to.
You know, this organization istrying to bring people
physically together, you know,because digital is one thing,
but, yeah, bringing peopletogether in person to, you know,
commiserate, vent, you knowshare successes, network and,
you know, get jobs.
(57:34):
Even so, yeah, irreverentWarriors check them out.
If you're going to be in theMemphis area, I think you can
still buy a ticket.
I'm not sure at this point, butit's going to be Saturday.
So, yeah, looking forward tothat, I might post some pictures
, some videos.
We'll see.
But yeah, look out for thosetypes of veteran um outreach.
(57:59):
You know organizations they'repopping up left and right and
you know that's part of what mbrI think we were.
We're good at like, trying tohighlight some of those um
entities and organizations.
So, um.
So yeah, look up irreverentwarriors.
You're a veteran, a veteranactive duty.
It is an exclusive group.
They don't allow families andeverything.
(58:20):
I don't even know if they allowmilitary spouses.
To be honest, I'm not sure, butit's meant to be inclusive in
that sense where it's exclusiveto just military and active duty
or active duty and veterans.
So, yeah, so just lookingforward to that.
Active duty and veterans.
So, um, yeah, so just lookingforward to that.
Um, if there's, if you guyshave any, any topics, uh to
(58:42):
discuss in the future, uh, hitme up, um Joseph, at the fire
social worker, at fire socialworkercom.
Uh, hit me up on Facebook, allthe different mediums.
You know where to find me,hopefully, and if you can always
just comment on the stream andthen I'll come track you down.
(59:03):
So, with that being said,that's going to end the stream.
I appreciate everyone who stuckthrough with this and looking
forward to the conference andjust meeting up with people.
So, thank you for everybody.
We'll see you guys on the nextstream.
Speaker 4 (59:23):
Ladies and gentlemen, thank you for tuning in to
Military Broadcast Radio as wewrap up today's show, we want to
remind you that the podcast oftoday's episode will be
available right after we go offthe air, so if you missed any
part of the show or want tolisten again, be sure to check
(59:45):
it out.
And remember we're here tosupport and honor our veterans.
Your stories and experiencesmatter.
Your stories and experiencesmatter and we are committed to
giving you a platform to sharethem.
That's right.
We're here to give our veteransa voice, so don't forget to
(01:00:09):
catch the podcast and stayconnected with us Giving our
veterans a voice.
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