WEBVTT - Mornings with Thom Brennaman 10/28/2025 0:00:00.520 --> 0:00:05.040 Now the financial information that just might change your life. 0:00:05.360 --> 0:00:09.560 This is the Bloomberg Money Minute on seven hundred WLW. 0:00:09.760 --> 0:00:12.360 Alrighty, we check in with Genie Cervetti from our Bloomberg 0:00:12.400 --> 0:00:16.080 newsroom in New York City. Wireless companies are spending a 0:00:16.200 --> 0:00:19.400 ton of cash these days on promotions there every other commercial. 0:00:19.760 --> 0:00:23.040 But apparently one major carrier just reported that it lost 0:00:23.400 --> 0:00:24.800 customers last quarter. 0:00:25.800 --> 0:00:29.800 Yeah, you've probably noticed the ads, don maybe even switched companies. 0:00:29.840 --> 0:00:33.560 But Verizon maybe losing a step here. The nation's largest 0:00:33.600 --> 0:00:38.200 mobile service provider lost wireless phone subscribers in the recent 0:00:38.240 --> 0:00:41.440 three month period. Now, all three of the major carriers 0:00:41.479 --> 0:00:45.080 have been using costly promotions and incentives to tempt us 0:00:45.080 --> 0:00:48.000 to switch networks, but AT and T and T Mobile 0:00:48.120 --> 0:00:51.280 added a lot of customers in their latest quarters. However, 0:00:51.640 --> 0:00:54.400 we are seeing Verizon shares hire this morning. The company 0:00:54.440 --> 0:00:58.160 beat on estimates when it comes to FiOS internet signups 0:00:58.160 --> 0:01:00.440 and also its earnings per share tom. 0:01:01.000 --> 0:01:05.720 Meanwhile, craft Times results point to ongoing consumer weakness. 0:01:07.040 --> 0:01:09.720 Yes, the maker of craft at Mac and Cheese and 0:01:09.840 --> 0:01:13.240 its famous ketchup is preparing to split into two. But 0:01:13.319 --> 0:01:17.399 Kraft Hinds just lowered its sales outlook, and it's struggling 0:01:17.480 --> 0:01:20.720 to sell investors on these plans to split the company 0:01:20.760 --> 0:01:24.440 into two businesses at a time when consumers have been 0:01:24.480 --> 0:01:29.360 broadly moving away from processed foods. Anyway, Tom, all. 0:01:29.319 --> 0:01:32.240 Right, Gina, and a big day to day. The futures 0:01:32.400 --> 0:01:33.600 are right now. 0:01:34.920 --> 0:01:37.080 Yes, we have the FED wrapping up a meeting, We've 0:01:37.080 --> 0:01:39.520 got some big tech earnings, and right now the futures 0:01:39.560 --> 0:01:43.600 look good. Dow future's up fifty eight, SMP futures up nineteen, 0:01:44.120 --> 0:01:47.440 Nasdaq futures are up one hundred and eighteen from Bloomberg. 0:01:47.480 --> 0:01:51.880 Gina Cervetti on news Radio seven hundred WLWS. 0:01:54.920 --> 0:02:01.720 Almost apropos this tune from Genesis misunderstanding because there seems 0:02:01.760 --> 0:02:04.160 to be I don't know if misunderstanding is the right 0:02:04.160 --> 0:02:07.320 word in this case, but a lot of sort of 0:02:07.400 --> 0:02:11.200 gray area and what to understand and what not to understand, 0:02:12.040 --> 0:02:18.160 specifically about this whole sale of th drinks and intoxicating 0:02:18.280 --> 0:02:23.519 hemp products which a Hamilton County judge extended a temporary 0:02:23.639 --> 0:02:27.840 block against the emergency ban of those, and kind of 0:02:27.919 --> 0:02:30.000 enough to join us, and he's got interest in this 0:02:30.040 --> 0:02:32.040 whole thing. There's no two ways about it. But there's 0:02:32.040 --> 0:02:34.680 nothing wrong with that. Everybody does in some form or fashion. 0:02:35.520 --> 0:02:38.520 He was kind enough to send me a message on 0:02:39.080 --> 0:02:43.480 x yesterday, and that's Scotty Hunter, co founder of Urban 0:02:43.720 --> 0:02:49.239 Artifact Beer and coach Aloe Hemp. Scotty, good morning. Thanks 0:02:49.280 --> 0:02:51.519 for the message yesterday and thanks for your time today. 0:02:51.560 --> 0:02:52.600 How's everything for you? 0:02:53.800 --> 0:02:55.800 Hey, I'm doing great, Tom, Thanks for having me on 0:02:55.840 --> 0:02:56.280 the program. 0:02:56.360 --> 0:03:00.280 Absolutely all right, Look, let's start with what you know 0:03:00.400 --> 0:03:02.959 most about in this thing. I don't want to necessarily 0:03:03.000 --> 0:03:07.200 get into the whole marijuana dispensary. The taxpayers voted for 0:03:07.280 --> 0:03:09.919 that in Ohio a couple of years ago. But there 0:03:10.040 --> 0:03:15.000 is a distinct difference between the amount of THC inside 0:03:15.040 --> 0:03:18.080 of a hemp product compared to something you might buy 0:03:18.120 --> 0:03:20.800 at a marijuana dispensary. Correct, let's start with that. 0:03:22.240 --> 0:03:25.880 Yeah, that's absolutely correct. You know these are low levels 0:03:25.919 --> 0:03:29.280 of THHC. And really this all came about through the 0:03:29.320 --> 0:03:34.080 twenty eighteen Farm Bill, So hemp has a federal legal 0:03:34.120 --> 0:03:37.080 classification here in the United States, where marijuana still does 0:03:37.120 --> 0:03:37.720 not currently. 0:03:38.200 --> 0:03:41.400 Okay, so we start with that, now, correct me if 0:03:41.440 --> 0:03:45.600 I'm wrong here. My understanding in Governor de Wines wanting 0:03:45.680 --> 0:03:47.960 to stop the sale of some of this or at 0:03:48.040 --> 0:03:52.240 least move it into marijuana dispensaries. Had to do with 0:03:52.320 --> 0:03:55.640 some of the packaging. Let's just start with some of 0:03:55.680 --> 0:03:58.160 the hemp products. Not the alcohol, I mean, not the 0:03:58.200 --> 0:04:00.760 beer part of it with THC in it. But as 0:04:00.760 --> 0:04:03.480 far as some of the packaging is concerned that it 0:04:03.560 --> 0:04:08.880 might be trying to appeal to kids as though it's candy, Well, 0:04:08.920 --> 0:04:11.440 would you agree with him on at least that part 0:04:11.520 --> 0:04:13.400 of this, that that's a fair argument. 0:04:14.640 --> 0:04:15.720 Oh? Absolutely, Tom. 0:04:15.760 --> 0:04:19.200 You know, the entire hemp industry, not only beverage where 0:04:19.200 --> 0:04:25.160 I reside, advocates for sensible, responsible regulation. These items should 0:04:25.200 --> 0:04:27.880 not be targeted at children. They should have clear labeling 0:04:27.920 --> 0:04:30.719 standards and requirements. And we've seen a lot of states 0:04:30.720 --> 0:04:34.839 across the country adopt such rules already in the last 0:04:34.880 --> 0:04:37.479 few years, and we expect more and more to follow 0:04:37.560 --> 0:04:38.760 suit in the coming year. 0:04:38.880 --> 0:04:40.320 So, you know, I think. 0:04:40.279 --> 0:04:43.839 With what the House passed here last week and that 0:04:43.920 --> 0:04:46.040 we expect to kind of go to Conference committy next week, 0:04:46.520 --> 0:04:48.720 is Ohio was starting to move in the right direction 0:04:48.839 --> 0:04:51.240 to get some of those guardrails in place. 0:04:51.800 --> 0:04:53.840 So I do want to go ahead. 0:04:53.800 --> 0:04:55.320 No, no, no, please finish. I want to hear what you 0:04:55.400 --> 0:04:56.120 have to say, not me. 0:04:56.640 --> 0:04:58.200 Yeah, yeah, I was going to say. 0:04:58.440 --> 0:05:00.240 I think I want to really hit on the fact 0:05:00.240 --> 0:05:03.920 that it's a misnomer that this is a completely unregulated market. 0:05:04.240 --> 0:05:05.360 You know, the state of. 0:05:05.279 --> 0:05:09.359 Ohio has cultivation and processing rules in place. We obtained 0:05:09.400 --> 0:05:11.880 the HAMP processing license through the State of Ohio. We're 0:05:12.000 --> 0:05:14.880 viewed and inspected by the State of Ohio. The litany 0:05:14.920 --> 0:05:17.560 of protocols and tests that we have to go through 0:05:17.560 --> 0:05:22.920 to produce our HAMP beverages, frankly, far exceeds the requirements 0:05:22.960 --> 0:05:24.760 in terms of testing that we have to do for 0:05:24.760 --> 0:05:28.840 our beer. You know, we're testing for pesticides, heavy metals, micotoxins, 0:05:28.920 --> 0:05:32.120 all kinds of other microbial contaminants and those all have 0:05:32.160 --> 0:05:34.000 to pass before we can release and sell that product 0:05:34.040 --> 0:05:34.600 into the market. 0:05:34.800 --> 0:05:37.360 And this is the case in a lot of states. 0:05:38.200 --> 0:05:40.960 Okay, now help me with this part of it. The 0:05:41.520 --> 0:05:45.800 THC drinks. Okay, and you have some of this in 0:05:46.440 --> 0:05:52.160 your urban Artifact beer. Talk to me about regulation in 0:05:52.200 --> 0:05:55.880 that regard. Okay. Look, everybody knows you can walk into 0:05:55.880 --> 0:05:58.400 a bar. Unfortunately it happens way too often. 0:05:58.440 --> 0:06:00.560 We know this. You can walk into a bar. You 0:06:00.640 --> 0:06:02.320 have one or two too many beers. 0:06:02.360 --> 0:06:04.119 The next thing you know, there are some people getting 0:06:04.120 --> 0:06:06.160 behind the wheel of a car and off they go. 0:06:06.240 --> 0:06:07.320 They shouldn't be driving. 0:06:07.640 --> 0:06:11.440 Talk to me about is there regulation Are we able 0:06:11.480 --> 0:06:16.599 to tell if somebody has had too much THC inside 0:06:16.600 --> 0:06:17.360 of a beer? 0:06:19.320 --> 0:06:22.960 Well, in real quick clarification, Tom, we have clear separation 0:06:23.040 --> 0:06:25.560 between our beer which contains alcohol, and then have products 0:06:25.560 --> 0:06:26.640 which contains low. 0:06:26.560 --> 0:06:30.159 Amount of page. We can't intermingle those and we don't. 0:06:30.960 --> 0:06:34.480 So I think the other thing that people don't necessari 0:06:34.520 --> 0:06:36.680 understand when they're unfamiliar with this category is because it 0:06:36.720 --> 0:06:39.520 is still pretty new overall in the grand scheme of things, 0:06:39.560 --> 0:06:43.000 is that there's in terms of beverage specifically, there's a 0:06:43.240 --> 0:06:46.560 similar type of feedback. 0:06:46.279 --> 0:06:47.920 From your body when you consume one of these low 0:06:47.960 --> 0:06:48.560 dose beverages. 0:06:48.600 --> 0:06:52.480 So you get that relax calming feeling when you consume 0:06:52.480 --> 0:06:54.200 one of these beverage in a similar time brain that 0:06:54.279 --> 0:06:57.479 if you drank a beer or cocktail. So in that way, 0:06:58.040 --> 0:07:01.120 you know, individuals can sell regulate, which I think we're 0:07:01.160 --> 0:07:04.600 all a fan of, but also bartenders and staff if 0:07:04.640 --> 0:07:08.480 we're talking about a bar restaurant, can observe the behavior 0:07:08.720 --> 0:07:11.600 of the patron similar to what they would with an 0:07:11.600 --> 0:07:16.360 alcoholic beverage and determine, Hey, that's you've had enough, right 0:07:16.440 --> 0:07:21.000 we give that trust to our servers already for adult 0:07:21.120 --> 0:07:25.720 use adult products, and the same thing goes with that products. 0:07:25.880 --> 0:07:29.720 Why would give me the argument, if you wouldn't mind, 0:07:29.720 --> 0:07:35.080 Scottie Hunter, give me the argument of why hemp products 0:07:35.240 --> 0:07:39.440 should not be sold inside of marijuana dispensaries if they 0:07:39.480 --> 0:07:43.720 have any THC even though it's considerably less than normal 0:07:43.960 --> 0:07:47.480 marijuana products you'd buy in a dispensary. 0:07:48.440 --> 0:07:52.160 Yeah, these are products that dispensaries don't want. 0:07:52.160 --> 0:07:54.640 The cards they're not they don't make. 0:07:54.600 --> 0:07:58.520 Sense for the space a setup there. You know, if 0:07:58.520 --> 0:08:01.560 you look at national data the whole you know, a 0:08:01.960 --> 0:08:05.680 THHD beverage, whether it's hemp baseed or you know, traditional 0:08:05.680 --> 0:08:09.080 marijuana base it's less than one percent of dispensary sales. 0:08:09.400 --> 0:08:14.280 So these products are you know, servicing a market that 0:08:14.400 --> 0:08:17.320 doesn't get served under a lot of the state and 0:08:17.560 --> 0:08:19.960 you know, regulated marijuana programs. 0:08:21.760 --> 0:08:24.240 Is with with with marijuana? 0:08:24.280 --> 0:08:26.720 We read so much about how there would be more 0:08:26.760 --> 0:08:29.880 money that flowed back into supporting X, Y and Z, 0:08:30.600 --> 0:08:35.800 whether it's local municipalities, mucual towns, whether it's our tax 0:08:35.880 --> 0:08:38.920 base in general. Is there anything like that in the 0:08:38.960 --> 0:08:40.439 hemp industry, Scott. 0:08:42.040 --> 0:08:44.160 So, And this has kind of been more state by 0:08:44.200 --> 0:08:47.760 state basis, but as you put, had states passed regulation 0:08:48.080 --> 0:08:51.080 on the distribution and retail sale of hemp products, there 0:08:51.080 --> 0:08:53.960 have been tasses that have put into place. So in 0:08:54.000 --> 0:08:56.240 the in the bill that passed the House here in 0:08:56.240 --> 0:08:58.880 the state of Ohio, on the beverage side, it has 0:08:58.920 --> 0:09:02.960 an excise taxmilar to you know, beer, winder spirits, and 0:09:03.000 --> 0:09:05.000 I believe on the other categories of products, it's a 0:09:05.040 --> 0:09:09.400 retail tax that's similar to the recreational adult youth program. 0:09:09.480 --> 0:09:13.920 Again not speaking and with the expertise on that piece specifically. 0:09:14.360 --> 0:09:17.560 And so there there, there's that aspect of it. 0:09:17.600 --> 0:09:21.360 And we've we've seen other neighboring states pass similar legislation 0:09:21.520 --> 0:09:25.360 with with tax income. You know, Kana tuck To is 0:09:25.400 --> 0:09:27.000 one for example, it's had a program for a number 0:09:27.000 --> 0:09:28.880 of years. They did make some updates earlier this year 0:09:28.920 --> 0:09:31.920 to their program. West Virginia has had one for a number. 0:09:31.760 --> 0:09:32.360 Of years as well. 0:09:32.440 --> 0:09:37.200 Those those states have already overseen had taxes in place 0:09:37.600 --> 0:09:40.080 for the distribution sale of products in their state. 0:09:40.280 --> 0:09:41.840 Well, I would just haven't gotten to that. 0:09:41.760 --> 0:09:44.120 Point, and I think we're gonna we're gonna get there 0:09:44.160 --> 0:09:44.920 here before the end. 0:09:44.880 --> 0:09:45.240 Of the year. 0:09:45.280 --> 0:09:46.800 Okay, at the end of the day, it seems to 0:09:46.800 --> 0:09:48.440 me and Scotty Hunter, you tell me if I'm right 0:09:48.520 --> 0:09:50.880 or wrong on this. The bottom line is is that 0:09:51.080 --> 0:09:54.080 people who are selling these in wherever it is that 0:09:54.120 --> 0:09:56.680 they're selling Okay, the owner of a business could be 0:09:56.720 --> 0:09:59.400 a gas station, could be whatever it might be, they 0:09:59.480 --> 0:10:01.800 have to hold up there into the bargain to not 0:10:02.000 --> 0:10:07.240 give you guys a bad name by just simply charting people. 0:10:07.360 --> 0:10:08.760 Is that accurate? Is that fair? 0:10:10.400 --> 0:10:10.600 Yeah? 0:10:10.679 --> 0:10:12.800 No, that's absolutely fair. And that's you know, that's what 0:10:12.840 --> 0:10:14.960 we're asking tom right. You know what, we produce our 0:10:15.400 --> 0:10:17.880 products that are nets for people that are twenty one plus. 0:10:17.880 --> 0:10:20.160 We treat them the same as our beers when they 0:10:20.160 --> 0:10:22.040 come into our tap room. And then when we do 0:10:22.200 --> 0:10:25.520 sell into retail accounts, we asked we ask the same event. 0:10:26.559 --> 0:10:27.800 Well, it's great, Scotty. 0:10:27.880 --> 0:10:29.960 I can't thank you enough for reaching out and for 0:10:30.080 --> 0:10:32.040 clearing up some of this stuff out there, because I 0:10:32.120 --> 0:10:33.480 got to be honest with you. I mean, I have 0:10:33.520 --> 0:10:35.319 a hard time breaking it down. I think a lot 0:10:35.320 --> 0:10:37.840 of other people out there have a hard time really 0:10:38.080 --> 0:10:41.160 being able to understand some of the intricacies which you 0:10:41.200 --> 0:10:44.160 have been kind enough to clear up today. So Scottie 0:10:44.200 --> 0:10:46.000 Hunter can't thank you enough for your time. Hope you 0:10:46.040 --> 0:10:47.160 have a great weekend ahead. 0:10:48.520 --> 0:10:50.080 Thanks Tom. Yeah, I appreciate the time. 0:10:50.120 --> 0:10:51.640 And you know we'll have to get you some samples 0:10:51.679 --> 0:10:54.080 here before too long and you can get that first 0:10:54.080 --> 0:10:55.040 hand experience, you know. 0:10:55.080 --> 0:10:57.320 All I need my daughter beating me over the head 0:10:57.320 --> 0:10:59.920 about drinking it. All right, Scottie Hunter, thank you very much. 0:11:00.000 --> 0:11:02.680 It's eight nineteen. We've got a lot of rain today. 0:11:02.800 --> 0:11:05.679 We've got some missues on the roads, Chuck. Are they 0:11:05.720 --> 0:11:07.680 getting any better from our last check? 0:11:07.840 --> 0:11:07.920 Not? 0:11:08.040 --> 0:11:09.040 In some spots No. 0:11:09.280 --> 0:11:12.440 In fact, the list of accidents continues to grow. This 0:11:12.559 --> 0:11:15.320 from the UC Health Tramphic Center. With a stroke, every 0:11:15.360 --> 0:11:19.480 second counts, and so does your team home to rapid 0:11:19.520 --> 0:11:22.400 life saving treatment and clinical trials. You see health is 0:11:22.400 --> 0:11:25.880 the clear choice for stroke care. Learn more at UCHealth 0:11:25.920 --> 0:11:29.720 dot com. Heavy traffic southbound seventy five out of Westchester 0:11:29.840 --> 0:11:33.640 and continuing through Lachland on northbound seventy five, you'll need 0:11:33.679 --> 0:11:36.480 an extra half hour out of Florence into Town. Crews 0:11:36.559 --> 0:11:39.200 continue to work with the wreck on northbound seventy five 0:11:39.240 --> 0:11:43.600 at Aser Charles and again just after you get past 0:11:43.679 --> 0:11:46.440 Town Street. That one's on the right. The latest is 0:11:46.480 --> 0:11:50.520 southbound seventy one. Another accident near Fields Eirdle that traffic 0:11:50.600 --> 0:11:54.120 slowed from just below Western Row and continues heavy to Redbank. 0:11:54.480 --> 0:11:58.719 Chuck Ingram News Radio seven hundred wlw OUR WCPO nine 0:11:58.800 --> 0:12:01.760 first warning forecast. It used to the rain at least 0:12:01.760 --> 0:12:07.080 for about the next roughly forty eight hours today, tonight, tomorrow. 0:12:07.520 --> 0:12:11.160 Spotty showers hanging around are high only fifty one. That's 0:12:11.240 --> 0:12:15.120 ten degrees below our norm this time of the year. 0:12:15.160 --> 0:12:18.280 Normally we're at sixty one for a high. But by 0:12:18.320 --> 0:12:21.560 the time Thursday night rolls around, clouds will start to 0:12:21.559 --> 0:12:25.120 break up. The rain will end after about roughly an 0:12:25.160 --> 0:12:28.720 inch of brain says Jennifer Ketchmark. And then it's going 0:12:28.800 --> 0:12:33.640 to be beautiful on Friday, some sunshine, few clouds here 0:12:33.679 --> 0:12:36.760 and there, but drying up for Halloween night. If you're 0:12:36.760 --> 0:12:39.240 out trick or treating or going to high school football 0:12:39.280 --> 0:12:42.200 games or whatever it is that you're doing, you'll be 0:12:42.240 --> 0:12:44.040 able to do it and not get rained. 0:12:44.080 --> 0:12:46.439 On that sounds like a good deal. It is eight 0:12:46.520 --> 0:12:48.760 twenty one. We have the news coming up. Then at 0:12:48.880 --> 0:12:53.839 eight thirty eight we'll visit with Pastor Chad Hooven and 0:12:53.880 --> 0:12:58.720 we're going to talk about parenting, slash coaching the role 0:12:58.880 --> 0:13:06.640 of emotional closeness and structure. This is seven hundred WLW, Cincinnati. 0:13:06.480 --> 0:13:09.840 Money, Money, Money, Better, Get ready. It's time for a 0:13:09.880 --> 0:13:13.959 big old wad of business news. This is the Boomberg 0:13:14.080 --> 0:13:16.720 Money Minute on seven hundred WLW. 0:13:17.160 --> 0:13:20.480 The Conference Board reports that US consumer confidence fell this 0:13:20.600 --> 0:13:23.119 month for a third month in a row as consumers 0:13:23.160 --> 0:13:26.840 worry about what's ahead. Confidence remains stuck below levels seen 0:13:26.960 --> 0:13:30.120 last year as Americans worry about their jobs and making 0:13:30.200 --> 0:13:33.880 enough money to get by. Apple is preparing major changes 0:13:33.920 --> 0:13:37.160 to its MacBook Air, iPad Mini, and iPad Air lineups, 0:13:37.200 --> 0:13:40.240 with a plan to give the popular devices higher end displays. 0:13:40.320 --> 0:13:43.200 People familiar with the plans tell Bloomberg Apple is testing 0:13:43.280 --> 0:13:46.839 new versions of each product with OLED screens. The technology 0:13:46.880 --> 0:13:51.480 delivers richer colors and deeper contrasts than the current LCD displays. 0:13:51.600 --> 0:13:55.319 The shift is also expected to bring higher prices. Stock 0:13:55.400 --> 0:13:58.080 start out at new record highs today on Wall Street 0:13:58.200 --> 0:14:01.560 after yesterday's gains across the board, tech is helping to 0:14:01.640 --> 0:14:05.160 power those gains, and investors are betting on an interest 0:14:05.240 --> 0:14:07.440 rate cut from the Fed today when it wraps up 0:14:07.440 --> 0:14:10.319 its meeting. They'll also be paying close attention with Chair J. 0:14:10.520 --> 0:14:14.559 Powell holding a press conference afterward from Bloomberg Genus Cervetti 0:14:14.600 --> 0:14:18.480 on news Radio seven hundred WLW Our. 0:14:18.480 --> 0:14:21.560 Podcast presented by our friends from ae Dooor and Window 0:14:21.600 --> 0:14:24.440 Where It's fall Special time right now. Put no money down, 0:14:24.480 --> 0:14:27.880 get zero percent interest for two years, plus take five 0:14:27.920 --> 0:14:31.040 percent off your total order when you combine and save 0:14:31.120 --> 0:14:34.360 on entry doors and windows from Prova and Pellock, Summer 0:14:34.440 --> 0:14:37.920 Space awnings and close a garage doors. Purchase your at 0:14:37.960 --> 0:14:41.200 Liftmaster garage door opener and save up to one hundred 0:14:41.200 --> 0:14:45.480 and twenty five bucks. These run through November at a 0:14:45.960 --> 0:14:50.960 Door and Window details at adoorsales dot com. We do 0:14:51.000 --> 0:14:53.560 it every single Wednesday. We get together with our buddy 0:14:53.600 --> 0:14:57.360 pastor Chad, the lead pastor at the Horizon Community Church 0:14:58.000 --> 0:15:01.160 in Newtown, right on the banks of the Miami River. 0:15:01.800 --> 0:15:03.440 Good morning, sir, how are you today? 0:15:04.200 --> 0:15:04.400 Yeah? 0:15:04.400 --> 0:15:05.960 I'm doing great? How about yourself? 0:15:06.040 --> 0:15:06.760 Doing all right? 0:15:07.440 --> 0:15:11.880 Little rainy day, but I had some wonderful, crisp fall 0:15:11.960 --> 0:15:13.920 day coming up. Doesn't get nights last couple of. 0:15:13.920 --> 0:15:16.080 Weeks, absolutely, and it looks like we're gonna have some 0:15:16.080 --> 0:15:18.440 good ones over the weekend after some rain today and 0:15:18.520 --> 0:15:21.960 tomorrow and clearing up apparently tomorrow night. You know, in 0:15:22.000 --> 0:15:23.960 the news a lot lately, and there was a big 0:15:24.480 --> 0:15:28.359 story that's on going up in Waynesville, Ohio about a 0:15:28.400 --> 0:15:31.400 man who's been an administrator there, a coach for forty 0:15:31.440 --> 0:15:34.760 seven years, or an athletic director, and now all of 0:15:34.760 --> 0:15:37.040 a sudden, people sort of I guess, for lack of 0:15:37.080 --> 0:15:39.680 a better term, coming out of the woodwork some thirty 0:15:39.680 --> 0:15:43.440 plus years later about inappropriate behavior. Whether it's true or not, 0:15:43.520 --> 0:15:46.520 we don't know. But it is an ongoing, big story 0:15:46.560 --> 0:15:49.600 in Waynesville, and it brings to mind the role of 0:15:49.640 --> 0:15:53.760 not only coaches, but also parents. And you know, let's 0:15:53.760 --> 0:16:00.440 start with parents, because I heard a lengthy, well what's 0:16:00.480 --> 0:16:02.800 a word, a sermon for lack of a better term, 0:16:02.840 --> 0:16:04.760 I think it was from Chip Ingram the other day 0:16:04.800 --> 0:16:09.280 talking about, you know, structure in the household and closeness. 0:16:09.320 --> 0:16:11.120 So let's start with parents. 0:16:11.560 --> 0:16:13.840 It seems to me a lot of the parents that 0:16:13.920 --> 0:16:17.280 I'm around right now Chad Hoban want to be a 0:16:17.560 --> 0:16:24.400 friend of their kids, can be friends of their young kids. 0:16:25.560 --> 0:16:27.520 Well, I guess it depends on how you define friendship. 0:16:27.600 --> 0:16:29.880 I mean when I first had my kids, when I 0:16:29.960 --> 0:16:34.080 were first born, my vision statement for my parenting was 0:16:34.080 --> 0:16:37.160 a fifty year friendship with my kids. However, that doesn't 0:16:37.240 --> 0:16:41.040 mean every stage you're accommodating to them or acting like 0:16:41.080 --> 0:16:43.720 they are moral equal. But my goal is to raise 0:16:44.320 --> 0:16:46.960 kids who would be you know, responsible adults, would have 0:16:47.000 --> 0:16:49.360 the tools they need for that and have the emotional 0:16:49.360 --> 0:16:51.800 closeness so that we would have a fifty year friendship. 0:16:52.120 --> 0:16:53.680 So I'm not sure it's either or, But if you 0:16:53.760 --> 0:16:56.880 define friendship as a lack of structure, a lack of discipline, 0:16:57.240 --> 0:16:59.520 that I'd say you're missing out. It was a study 0:16:59.560 --> 0:17:02.920 in Minister years ago called the Minnesota Study, and they 0:17:03.200 --> 0:17:06.240 raided on an X and Y axis what's needed for parenting, 0:17:06.359 --> 0:17:09.639 for coaching, for mentoring in any relationship, and that was 0:17:09.720 --> 0:17:13.879 structure on the Y axis, and it was emotional closeness 0:17:13.880 --> 0:17:17.960 on the X axis. And strangely, they found that parents 0:17:18.000 --> 0:17:21.840 and coaches who had high emotional closeness I care about you, 0:17:21.960 --> 0:17:25.480 I love you, I appreciate you. They had all emotional closeness, 0:17:25.480 --> 0:17:31.800 but no structure, no discipline, no calling to account, no accountability. Strangely, 0:17:32.480 --> 0:17:35.760 the parents who had the most emotional closeness but the 0:17:35.840 --> 0:17:38.760 least amount of structure without any at all. On the 0:17:38.760 --> 0:17:42.199 other side, they raised the most insecure kids, which you 0:17:42.240 --> 0:17:43.159 think would be the object. 0:17:44.160 --> 0:17:44.320 Now. 0:17:44.359 --> 0:17:48.360 The other contrast was those who had high discipline. I'm 0:17:48.359 --> 0:17:52.280 not listening to your perspective. Your voice hasn't heard. I'm 0:17:52.280 --> 0:17:54.959 not trying to understand the whole side, but just disciplined discipline, discipline. 0:17:55.000 --> 0:17:57.919 I'm the authoritarian. I make the rules and you obey it. 0:17:58.720 --> 0:18:03.120 Those parents raised the most rebellious children because they had 0:18:03.119 --> 0:18:05.840 all that structure. But the minute that structure was gone, there, 0:18:05.880 --> 0:18:08.720 out of there. And it's actually a little verse in 0:18:08.760 --> 0:18:11.840 the Bible that says, where the law increases, send increases 0:18:11.840 --> 0:18:14.240 even more. You've probab see in your own life, you're 0:18:14.240 --> 0:18:16.520 walking along on a path. Suddenly you see a sign 0:18:16.600 --> 0:18:19.840 that says stay off the grass. I wasn't even thinking 0:18:19.880 --> 0:18:23.720 about stepping on the ground. Show that I see design. 0:18:24.480 --> 0:18:26.840 I'm like, well, maybe I want to. So Really the 0:18:26.920 --> 0:18:30.040 key is not rules for rule's sake, but how do 0:18:30.080 --> 0:18:33.560 you teach principles? I would say all the time, I 0:18:33.560 --> 0:18:35.840 got a little inner rebel in me. I've never found 0:18:35.880 --> 0:18:37.920 a rule I didn't want to break, but a principle 0:18:37.920 --> 0:18:40.639 I don't want to love. So part of coaching and 0:18:40.720 --> 0:18:44.360 part of parenting is trying to teach this principle behind 0:18:44.480 --> 0:18:48.160 this application is so important. It's important to your life. 0:18:48.200 --> 0:18:50.200 It's going to serve you well. And so what we 0:18:50.280 --> 0:18:53.440 want to do is we want to combine emotional closeness 0:18:53.480 --> 0:18:57.880 and the structure and discipline, because those who actually combine 0:18:57.960 --> 0:19:02.080 both of those raise the most secure children. And same thing. 0:19:02.119 --> 0:19:05.480 In a boss situation, you say, Wow, my boss really 0:19:05.480 --> 0:19:08.200 loves me, but man, this place is run an incompetent way. 0:19:08.480 --> 0:19:11.360 People getting away with murder around here, and there's no accountability. 0:19:11.800 --> 0:19:14.640 What you're calling for is some degree of structure increase. 0:19:15.160 --> 0:19:18.680 Other times you have a boss or situation where it's like, man, 0:19:18.720 --> 0:19:20.720 you know this place is run well, but I think 0:19:20.760 --> 0:19:22.280 I'm a cog in the wheel, and no one cares 0:19:22.280 --> 0:19:24.560 about me. No one asks about me, no one ever 0:19:24.600 --> 0:19:27.000 says anything nice about my contribution except the once a 0:19:27.080 --> 0:19:29.480 year when I do an annual review. So how do 0:19:29.520 --> 0:19:32.320 we combine both those things. And I think if you 0:19:32.359 --> 0:19:35.840 are a person who's been coached, you realize the benefit 0:19:35.880 --> 0:19:38.240 of coaching. You know, whether your parent did well or 0:19:38.280 --> 0:19:41.200 coached well, or the other side, you weren't coached well, 0:19:41.480 --> 0:19:44.880 or you weren't parented well, you felt a deficit of that. Man, 0:19:44.920 --> 0:19:46.679 you know what I want to do better than what 0:19:46.800 --> 0:19:49.240 was trusted to me. That's really what a coach does. 0:19:49.280 --> 0:19:52.560 It creates a whole environment in a family, whole environment 0:19:52.640 --> 0:19:56.119 in an area of your company. Who can't control the 0:19:56.160 --> 0:19:59.000 whole environment in your department, you see, I want to 0:19:59.040 --> 0:20:03.320 coach people who can coach people to coach people. I 0:20:03.320 --> 0:20:05.119 think about like a parenting. I want to coach my 0:20:05.240 --> 0:20:08.240 kids so they end up being able to coach my grandkids, 0:20:08.240 --> 0:20:11.760 so they can coach my great grandkids. It's a culture 0:20:11.760 --> 0:20:15.119 of humility, it's a culture of teachability. I mean, I've 0:20:15.119 --> 0:20:17.119 been a public speaker now for I don't know, forty 0:20:17.160 --> 0:20:19.879 five years if you take the time back when I 0:20:19.920 --> 0:20:22.760 was on stage and doing plays and stuff. To be 0:20:22.840 --> 0:20:26.160 a professional communicator, and every week I have six people 0:20:26.200 --> 0:20:29.840 critique me because I know I watch my videos every 0:20:29.840 --> 0:20:32.520 single week because I want to be communicating and doing 0:20:32.520 --> 0:20:35.240 my best work next week, next month, next year, not 0:20:35.400 --> 0:20:39.640 last week, last month. But that requires humility. It's not well, 0:20:39.680 --> 0:20:42.919 you know, I've got a covered bob. You know I've 0:20:43.080 --> 0:20:46.560 learned a lot, but other people are going to see 0:20:46.560 --> 0:20:49.119 things I don't see. Doesn't mean I always jump at 0:20:49.119 --> 0:20:51.280 all the feedback on hundred percent, but I want to 0:20:51.280 --> 0:20:53.119 be open to feedback. I want to be open to 0:20:53.119 --> 0:20:56.520 other perspectives so that I can be my best. By 0:20:56.520 --> 0:21:01.600 having the proverbs in the Bible, sysm sharpens iron. We 0:21:01.680 --> 0:21:04.280 need other people to sharpen us unless we get dult. 0:21:05.080 --> 0:21:08.880 You know, one word, and I've read that Minnesota study, 0:21:09.920 --> 0:21:13.720 one word that seemed to creep into the conversation quite 0:21:13.760 --> 0:21:16.240