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Speaker 1: In the time before a D and fiber Internet, What

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Speaker 1: what are you doing in the dungeon? It's the only

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Speaker 1: mind the spiders. Spiders, let's fighters on everywhere. In the

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Speaker 1: The dawn never better Internet era with a T nd

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Speaker 1: dot com slash get Fiber. A T and T smart

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Speaker 1: WiFi extenders may be required sol separately restrictions apply. Hi.

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Speaker 1: I'm Sarahcustack. I'm the NBA analysts for they S Network,

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Speaker 1: and I'm hosting a new podcast called NBA Flashback. NBA

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Speaker 1: Flashback takes you back to the best moments in NBA

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Speaker 1: history through exclusive archival audio from the NBA vault, and

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Speaker 1: each week we'll have new interviews with the legends who

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Speaker 1: were actually on the court. Check out NBA Flashback on

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Speaker 1: the I Heart Radio app, Apple Podcasts, or wherever you

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Speaker 1: get your podcast. Piece of the Planet, Charlemagne the God

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Speaker 1: here and you don't want to miss Hello Somebody with

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Speaker 1: Senator Nina Turner on the Black Effect podcast Network. I

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Speaker 1: love Hello Somebody simply because I love Nina Turner. She's

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Speaker 1: feeless Turner, hell raising, humanitarian, sister in the struggle and

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Speaker 1: recovering elected official. Listen to Hello Somebody every Thursday on

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Speaker 1: the Heart Radio app, Apple Podcast or wherever you get

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Speaker 1: your podcasts. Welcome to Money Making Conversations. It's the show

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Speaker 1: that she has the secrets of success experience firsthand by

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Speaker 1: marketing and Brandon expert Rashan McDonald. I will know he's

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Speaker 1: giving me advice on many occasions. In occasion didn't notice

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Speaker 1: I'm not broke. You know. He'll be interviewing celebrity CEOs,

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Speaker 1: entrepreneurs and industry decision makers. It's what he likes to do.

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Speaker 1: It's what he likes to share. Now it's time to

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Speaker 1: hear from my man, Rashan McDonald making conversations. Here we go.

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Speaker 1: Thank you stephen A, and welcome to Money Making Conversation.

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Speaker 1: I am your host, ra Shan McDonald. Before I get started,

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Speaker 1: I want to just think back on Saturday we did

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Speaker 1: a live event. We have that HBCU College Day event

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Speaker 1: here at the Clark Atlantic University. I want to thank

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Speaker 1: everybody on the campus of Clark Atlanta University. We changed

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Speaker 1: lives this past weekend. Uh see, okay was out there

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Speaker 1: in full force supporting the cause of students and rolling

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Speaker 1: the HBCUs. Most in particular, Clark Atlanta University had a

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Speaker 1: long line interested parents with their teenagers. They're wanted to

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Speaker 1: roll on campus and took some tours of this great campus.

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Speaker 1: So I wouldn't thank all the organizations to call, all

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Speaker 1: the military, all the corporate and all HBCUs was participated.

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Speaker 1: More importantly, I want to think the parents and the

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Speaker 1: young the younger generation who thought, the thought, the will

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Speaker 1: to change their lives and make a decision their lives.

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Speaker 1: And that's what it was all about on Saturday, And

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Speaker 1: again thank you. HBCU. College Day will be returning in

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Speaker 1: two so keep your ears open because it was fantastic.

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Speaker 1: It was overwhelmingly a successful event. But we are listening

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Speaker 1: to money making conversations. So let's get back to what

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Speaker 1: you guys may be listening and want to hear from me.

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Speaker 1: It's time to stop reading other people's success stories. You

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Speaker 1: hear me say that every week and start writing your own.

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Speaker 1: And we always talk about gifts, We always talking about purposes,

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Speaker 1: a purpose, If you have a purpose, then leave with

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Speaker 1: your gift and don't let your age, friends, family, or

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Speaker 1: co workers stop you from playing, you know, living your dreams.

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Speaker 1: I interview celebrities, CEOs, entrepreneurs and industry decision makers. My

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Speaker 1: guests I bring on the show our guests that I

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Speaker 1: want you to call in and talk to or ask questions.

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Speaker 1: The number to call in it is four zero four

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Speaker 1: eight eight zero. That's four zero four eight a zero.

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Speaker 1: My first guest today is Laura Foods. That's f O

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Speaker 1: S is her last name. She's the CEO and owner

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Speaker 1: of Foods Financial Services. They provide tax preparation services to

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Speaker 1: individuals and specialize in the small business taxes. She knows

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Speaker 1: all too well about financial struggles, having to overcome them

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Speaker 1: and using that knowledge to turn her life around, having

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Speaker 1: gone through personal bankruptcy herself while she was seven months

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Speaker 1: pregnant Beinger, being a single mother most of her daughter's life,

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Speaker 1: then starting several profitable businesses. That's how I met through

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Speaker 1: the Neighborhood Awards and the Hoodie Awards, depending on what

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Speaker 1: time you came into my life. When I was co

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Speaker 1: producing that and co created that with Steve Harvey. She

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Speaker 1: works as a business finance manager as her full time

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Speaker 1: corporate career with Dignity Memorial. She has been in the

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Speaker 1: deaf business for over two decades and she is passionate

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Speaker 1: about serving families at a difficult time. But she's here

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Speaker 1: to talk about your life. I want to talk about

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Speaker 1: if you go a tax questions, financial questions though they

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Speaker 1: are dealing with your taxes. Is never too late to

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Speaker 1: talk about taxes, she said, never too early because a

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Speaker 1: lot of people always think about the spring was the

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Speaker 1: fourth quarter? This is when you prepare to get ready

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Speaker 1: to file those taxes. Please work with the Money Making Conversations.

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Speaker 1: A good friend of mine, she's the most requested guests

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Speaker 1: all my money Making Conversation platform, Miss Laura Foods. Hey, Mrs.

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Speaker 1: Don't know how y'all doing. Thank you for having me back.

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Speaker 1: I always love being on the show with you all.

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Speaker 1: Well great, Uh lord, you were you at right now?

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Speaker 1: You're on the East Coast? Where yet? Yes, I'm on

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Speaker 1: the East Coast in uh Food Studios financial offices because

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Speaker 1: you know, we had just purchased the commercial building this year,

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Speaker 1: so I'm in our space okay, keeping up with purchasing

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Speaker 1: commercial building, Okay? How to keep up with you. Well,

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Speaker 1: that's that's that's great. I mentioned earlier to CEO and

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Speaker 1: on our Foods Financial Services tell everybody exactly what do

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Speaker 1: you do and why do people come to you for

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Speaker 1: for your services? Okay, So Foods Financial Services is a

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Speaker 1: tax preparation company, so we provide tax preparations services to

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Speaker 1: individuals UM. The majority of our clients are small business

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Speaker 1: owners entrepreneurs UM as well as I provide financial education

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Speaker 1: to those clients, helping them businesses or getting their business

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Speaker 1: to set up, tracking income expenses. Things were no interesting

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Speaker 1: thing that I'm gonna go back to. Uh. We always

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Speaker 1: talking about multiple streams of income, and so that's the goal.

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Speaker 1: You know, you can live comfortably with one lane of income,

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Speaker 1: that's the traditional route of living that way, but multiple

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Speaker 1: streams of income is where you really want to get

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Speaker 1: with your life, when you feel you can take control

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Speaker 1: of your life. And if you're trying to be a

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Speaker 1: multi millionaire, I don't care. If you look at anybody

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Speaker 1: who runs Apple or who owns who who started IBM,

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Speaker 1: they are multiple streams of income because they buy other things,

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Speaker 1: like Google owns several properties out there they don't just own,

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Speaker 1: you know, like Facebook, owns Instagram, they own a lot

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Speaker 1: of other things. So that's see, corporations have multiple streams

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Speaker 1: of income. Is only now that individuals are starting to

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Speaker 1: understand those selling principles. Talk to us about the importance

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Speaker 1: of multiple streams of income and when you come in

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Speaker 1: and it's helping them manage those multiple streams of income. Correct, yes, yes,

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Speaker 1: and and well and of course, now if you live

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Speaker 1: in America, especially if you live where we live, like

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Speaker 1: I'm in Maryland, French George's County, Maryland like one of

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Speaker 1: the wealthiest counties uh in the country for African Americans.

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Speaker 1: So I mean, there's no way that you could have

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Speaker 1: one stream of income living here, you know. And then

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Speaker 1: like myself, I became a single mother when my daughter

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Speaker 1: was two years old. So having a single stream of

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Speaker 1: income for most families is just not reality. You know,

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Speaker 1: you have to have more than one stream of income,

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Speaker 1: even if you have a six figure job. You know,

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Speaker 1: when we're raising children, having households, trying to say for

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Speaker 1: our children to go through college, trying to say for

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Speaker 1: ourselves to retire, multiple streams of income is a month. Um.

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Speaker 1: So that's what, like you said, whether it be coaching,

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Speaker 1: you know, clients one on one working with them each

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Speaker 1: tax season, or you know, as I post daily on

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Speaker 1: my social media page. Um, but what do those multiple

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Speaker 1: streams of incomes look like? Um? Though, because I think

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Speaker 1: it doesn't mean I can't work any more hours in

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Speaker 1: a day. Let's put it that way. Um, I can't

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Speaker 1: work anymore days in you know, any more hours in

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Speaker 1: the day, whether it has to be particular things. Like

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Speaker 1: I said, one of my favorite is, you know, real

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Speaker 1: estate investing, because that's can be making money for you

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Speaker 1: while you are working, or stock investing. You know, most

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Speaker 1: of our retirement accounts are invested in some type of

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Speaker 1: stock or mutual funds. Um. So that we have to

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Speaker 1: be looking for things that can make money while we're

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Speaker 1: still working. So well, you know that's that's key the

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Speaker 1: world style. We're still working the for they all week,

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Speaker 1: we can turn into morning for the hours we depending

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Speaker 1: on the type of job you have in the commitment

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Speaker 1: that you have to that for the hour week job. Now,

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Speaker 1: when you're talking about you know, we talked about mailbox money,

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Speaker 1: that's checks to come. When you you talk about making

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Speaker 1: money while you sleep, that's another term that you when

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Speaker 1: you deal with multiple screams and income. But when you're

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Speaker 1: out there just trying to pay your bills and trying

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Speaker 1: to you know, make it to the next paycheck, that's

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Speaker 1: the cycle you're trying to get people out of. That's

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Speaker 1: the cycle that you don't want to stay in because

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Speaker 1: that's the cycle that oftentimes showing your life's expectancy because

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Speaker 1: of the fact that stress takes over and stress is

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Speaker 1: tied to money. Correct, Yes, that is, Um, I think

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Speaker 1: if you look that up, it was when I did

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Speaker 1: some research on it's like six percent of the people

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Speaker 1: most of their stress comes from financial reasons. And I'm

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Speaker 1: sure we're probably all seen that most divorces come from

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Speaker 1: some financial reasons, right. Um. So that's why I'm constantly

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Speaker 1: talking to not even just my clients, are on social

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Speaker 1: media on a regular basis. Um, we're discussing, you know,

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Speaker 1: how to set yourself up so that you have monthly budget,

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Speaker 1: that you're watching your money, managing your money so that

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Speaker 1: there is a way that we are telling our money

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Speaker 1: where to go instead of wondering where when a matter

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Speaker 1: of fact, I have a webinar coming up next Wednesday

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Speaker 1: talking about that exact thing. Um, Because yes, you don't

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Speaker 1: want that stress from the finance, and then that's hard

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Speaker 1: to continue to be motivated to work to create those

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Speaker 1: multiple streams of income if we're stressed. What's an interesting

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Speaker 1: thing about it when I'm talking to doctor, doctor, to

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Speaker 1: call a doctor because she always cures me of my

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Speaker 1: my problem, my tax issues. When I'm calling her about

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Speaker 1: see I I kind of cheat on the shore a

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Speaker 1: little bit of y'all. You know. That's why I like

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Speaker 1: y'all to call in, because you guys are probably gonna

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Speaker 1: ask a question the numbers four zero zero nine five

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Speaker 1: five because of the fact that a lot of times

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Speaker 1: that's the problem where people get into financial problems. They

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Speaker 1: may feel this embarrassing. They may don't want to admit

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Speaker 1: they don't want to know anything. That's why you have

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Speaker 1: experts in your life. I always tell people you're gonna

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Speaker 1: start a small business, hr has to be important, and

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Speaker 1: accounting has to be equally important. Because you don't understand

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Speaker 1: your budget or how your income is coming in and

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Speaker 1: your expenses going out, then you are a disaster. And

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Speaker 1: you're also living on more prayer than fundamentals of business.

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Speaker 1: And that's where a lot of people used to work.

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Speaker 1: Because I used to hear a lot of people going

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Speaker 1: out on faith. I hear that a lot faith. Faith

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Speaker 1: has nothing to do with math. Faith has nothing to

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Speaker 1: do with income, but it has a lot to do

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Speaker 1: with expenses. Now, you cannot pray away your expenses, but

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Speaker 1: income and proper planning and proper accounting can help you

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Speaker 1: get through there and enabling faith to win. Am I

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Speaker 1: correcting that statement? Yes, I would agree with that. I

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Speaker 1: would agree with that. Yes. So with that being said,

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Speaker 1: you were talking about tips. We talked about things to

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Speaker 1: change and the three most important tips entrepreneurs need to

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Speaker 1: know about taxes because the one thing about taxes that

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Speaker 1: we come out of COVID. Let's talk about that whole situation,

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Speaker 1: and let's also talk about how whit people need to

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Speaker 1: get out of the mentality that they should only worry

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Speaker 1: about taxes the first quarter the year. And we always

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Speaker 1: joke around you and I when we talk you know people,

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Speaker 1: because you and I usually talk about that. You know,

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Speaker 1: taxes are a year round. People are following extensions and

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Speaker 1: and then extension the expires in October, then they got

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Speaker 1: to recalibrate themselves to file taxes again in January. Because

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Speaker 1: entrepreneurs or corporate taxes of March fifteen, personal taxes April fifteen.

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Speaker 1: But that's all changed during the COVID. How is it

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Speaker 1: balancing this alfile? People have people caught up? No, people

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Speaker 1: are not caught up. I'm not even gonna gonna tell

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Speaker 1: you the power that I have sitting on my death

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Speaker 1: right now of tax extension clients that, like you said,

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Speaker 1: tax extension, they only got an extension til October sixtin,

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Speaker 1: which is like two weeks away. And I still have

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Speaker 1: a pile of clients that I am waiting to get documents. Um.

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Speaker 1: So yes, remind everybody, tax extension deadline is October fifteenth,

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Speaker 1: So send in your documents myself or your you know,

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Speaker 1: your tax for parents, um. And I think that was

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Speaker 1: the biggest thing, um, even though it's been really weird

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Speaker 1: talking to the clients because during the pandemic, a lot

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Speaker 1: that everyone took that time while they're at home to

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Speaker 1: you know, get their houses in order and get their

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Speaker 1: paperwork in order, get their businesses at order. And unfortunately

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Speaker 1: that did not happen. I think most people were just

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Speaker 1: trying to get through the day. Because I find most

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Speaker 1: of my a lot of my clients who always filed

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Speaker 1: on time back in April, which they got you know,

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Speaker 1: until May, who are always during time. This year, they're

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Speaker 1: filing later. I've had, you know, keep all the way

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Speaker 1: up with them. So I think that a lot of

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Speaker 1: people during the pandemic, we're just trying to get through

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Speaker 1: the day. Um. And now that we're beginning to you know,

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Speaker 1: be outside again, um, we're trying. I'm certainly trying to

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Speaker 1: get everyone back organized and getting back on tracks. And

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Speaker 1: and that's difficult being the entrepreneur. I was just having

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Speaker 1: a conversation today with the client, especially if you're a

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Speaker 1: full time entrepreneur like that takes a lot. Being organized,

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Speaker 1: get up every day and not just gonna make money,

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Speaker 1: but then you have to be concerned about the background

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Speaker 1: and all the you know, the administrative things such as

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Speaker 1: the access the business, bank accounts, keeping everything organized. So

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Speaker 1: it's it's a lot, and that's why you have to

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Speaker 1: have a team. You have to have it seem that

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Speaker 1: you can trust to help you get it all done

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Speaker 1: and keep it organized absolutely well. Organization is the key

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Speaker 1: to anything. I've tell it to myself. Multitasking, Uh, if

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Speaker 1: you don't have understand time management, that's the key. That's

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Speaker 1: the quickest way to fail in and achieving your dreams

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Speaker 1: are impossible if you don't understand time management. But we're

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Speaker 1: also tips and knowing people and mentorship and also having

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Speaker 1: experienced people around you. Now you said you just purchased

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Speaker 1: the building. Why did you purchase the building? Coming in

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Speaker 1: because I purchased in the middle of the pandemic. Of course,

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Speaker 1: I thought the pandemic will be over with now now

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Speaker 1: you purchased the building. Yes, I purchased might as well,

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Speaker 1: but of course when it can. But because as we've

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Speaker 1: been talking, I think I've been on your show each

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Speaker 1: year talking about taxes. So I started Foods Financial. I

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Speaker 1: think now we're in our ninth tax season, are going

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Speaker 1: into our nine taxes, and and I had been just renting,

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Speaker 1: you know, renting a space at another tax office. And finally,

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Speaker 1: you know, when everyone keeps saying you have to do

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Speaker 1: it on your own, and do it on your own.

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Speaker 1: And finally, because also we know I have um a

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Speaker 1: full service along with my three partners, hold that thought

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Speaker 1: right there, MS, Foods, We're gonna be right back with

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Speaker 1: more money making conversation because I wanted to talk about

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Speaker 1: your partners again. If you have any phone calls in

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Speaker 1: one microphone call to the show four zero four eight

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Speaker 1: A zero. This is Roshan McDonald speaking with Laura Foods.

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Speaker 1: She can ask all your tax questions. Just call in

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Speaker 1: and we love to talk to you. It's finally here,

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Speaker 1: the season of celebration, and no matter how you celebrate

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Speaker 1: Plus you'll find gifts for all your loved ones. Send

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Speaker 1: under Armour. And in the spirit of giving, Coals Cares

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Speaker 1: is donating eight million dollars to local nonprofits nationwide committed

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Speaker 1: matter how you celebrate, when you shop at Coals, you're

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Speaker 1: right where you belong. So this season give with all

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Speaker 1: and the ad Council. Now let's return to Money Making

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Speaker 1: Conversations Live with ru Sean McDonald. If you have questions

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Speaker 1: or comments, call four zero four zero Hi. You're listening

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Speaker 1: to money Making Conversation. As stated, I am the host.

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Speaker 1: Is the new shows a live show would do own

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Speaker 1: w C okay every Tuesday. I called it Big Tuesday

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Speaker 1: because you can call in. Is live and I come

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Speaker 1: into the studio on the campus of Clark Atlantic University.

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Speaker 1: And if the purpose of coming into the studio is

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Speaker 1: to give a different take on what we're trying to do,

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Speaker 1: what the purpose of my show? My show to give

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Speaker 1: you information. My show is to give you people coming

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Speaker 1: my show share to share secrets uh their success their business.

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Speaker 1: But more importantly, it allows you to talk, allows you

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Speaker 1: to express what's on your mind. I allow you to

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Speaker 1: talk and give comments or just be able to hear

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Speaker 1: a different perspective told by somebody. I'd like to believe

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Speaker 1: I'm successful in this business. I like to believe I've

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Speaker 1: done successful things in this business. And I'm not trying

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Speaker 1: to charge you anything. I just want to share the

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Speaker 1: good wisdom that has been given to me that I've

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Speaker 1: been blessed with over the years through my hard work

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Speaker 1: and the relationships that allowed me to get to where

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Speaker 1: I've gotten to today. And one of the people I

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Speaker 1: met over the years. It all came back with the

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Speaker 1: neighborhood awards and if I bring it up, she's gonna say,

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Speaker 1: shot played, Make it back, Make it back. She was

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Speaker 1: working lords. Everybody misses the hoodie neighborhood and so but

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Speaker 1: there she was talking about the three friends who are

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Speaker 1: are who want several debut awards in Las Vegas and

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Speaker 1: uh well stout advocates of the show and what it

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Speaker 1: brought to the communities for us supporting small entrepreneurs or

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Speaker 1: small business owners because I was about there, because they

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Speaker 1: are the true stars of the community, pay taxes, they

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Speaker 1: employ people, and sometimes they go unnoticed. And that's what

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Speaker 1: money making conversations about. And you were talking about them.

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Speaker 1: Please bring up the conversation again, Laura Foods, right before

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Speaker 1: the break and explaining that relationship with your business partners.

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Speaker 1: Oh yes, so what I was referencing. So we started

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Speaker 1: Salona Tour. Clanca Tour is this month as a matter

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Speaker 1: of fact, celebrating fourteen years business. Yes ive Neighborhood Awards

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Speaker 1: for best Neil Salon, best hair salon in the country,

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Speaker 1: don't realizing being in that business, Alon, we always rented

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Speaker 1: the space built out someone else's. So when it came to,

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Speaker 1: you know, expanding my tax just wanting to add other

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Speaker 1: tax preparents for my team, adding employees to my team,

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Speaker 1: I knew that I did not want to pay rent. No,

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Speaker 1: So that's and we started um looking to actually purchase

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Speaker 1: a space. So yes, I I purchased my space during

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Speaker 1: the pandemic as well. When we have a phone call

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Speaker 1: here calling it on Money Making Conversation, Laura, let me

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Speaker 1: bring Kimmis. I believe we're saying her name right, Chemists

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Speaker 1: from Atlanta, Georgia. What is your question? Well, my question

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Speaker 1: is I want to definitely first start off with telling

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Speaker 1: you thank you so much for dropping all these amazing

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Speaker 1: jewels and wisdom. Um, I've kind of been listening to

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Speaker 1: your show now. I want to say, it's been a

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Speaker 1: few months since you've been on the air when I've

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Speaker 1: caught it, and I love everything you're talking about is

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Speaker 1: so true. I love how you both were just giving

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Speaker 1: your um facts about entrepreneurship and how you have to

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Speaker 1: run your business. And I know I'm an entrepreneur as

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Speaker 1: well as I work corporate and I know all sides

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Speaker 1: of it, and yes, we have to wear all hats,

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Speaker 1: but definitely being organized. I'm known for that in my business.

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Speaker 1: Well you were. You just kind of similar to thank

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Speaker 1: you. You You come similar to Laura because you're still in

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Speaker 1: the corporate world as well, Laura as well as self employed.

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Speaker 1: Talk about that balance of having to do that because

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Speaker 1: Chemists is doing the same thing. She says she's still

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Speaker 1: maintaining her corporate job as well as being self employed

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Speaker 1: because multiple hats can be grinding, can uh lose personal time,

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Speaker 1: can lose vacation time, but you gotta hold on to

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Speaker 1: that personal time. You gotta hold on to the vacation time.

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Speaker 1: That was something I had to learn over the years.

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Speaker 1: Talk about that, Laura. Yes, well, congrats him, because yes,

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Speaker 1: I am certainly for as we talked about multiple streams

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Speaker 1: of income, and I'm off my entrepreneurs. I'm all about

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Speaker 1: my boss ladies and businesses and helping business for myself,

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Speaker 1: though I still maintain my corporate career first of all,

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Speaker 1: because I love us percent four oh one k match

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Speaker 1: that's free money. I love five weeks paid vacation when

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Speaker 1: I still need to rest and relax. I love that

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Speaker 1: good check that comes every other week. I love my

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Speaker 1: corporate vehicle that pay you know, that provides me a vehicle,

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Speaker 1: maintenance and gas. So I leverage the money and the

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Speaker 1: things that I earned from that corporate job to put

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Speaker 1: into my other businesses. UM. And this year, what I

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Speaker 1: really started doing is getting a team of people so

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Speaker 1: that I could work smart or not harder, because I'm

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Speaker 1: not willing to give up, you know, all of my evenings,

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Speaker 1: all of my weekends. So I did begin to In

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Speaker 1: the beginning, I always thought that I had to do

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Speaker 1: everything myself to save money, UM, and then I would

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Speaker 1: have more money. However, realizing now is I pay people

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Speaker 1: to do things. I have more free time, and I'm

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Speaker 1: making more money because I'm able to be more clear,

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Speaker 1: I'm able to be more focused when I am working UM,

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Speaker 1: and I have people to do the things that they

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Speaker 1: do very well, and then I can focus on the

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Speaker 1: things that I I do very well. So yes, I'm

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Speaker 1: not giving up vacation time or personal time either. You

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Speaker 1: have a question. Oh, she's going okay, cool, no problem.

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Speaker 1: Let me ask you this question. UM. You said October

429
00:23:23,400 --> 00:23:26,399
Speaker 1: you have a stack of tax filings on your desk.

430
00:23:27,600 --> 00:23:31,360
Speaker 1: What happens when you don't receive the information from your clients.

431
00:23:32,680 --> 00:23:37,320
Speaker 1: What happens then, well, I think, um, what happens if

432
00:23:37,359 --> 00:23:40,440
Speaker 1: I don't get their information there to file their tes

433
00:23:40,640 --> 00:23:43,440
Speaker 1: and I can't be more concerned about their taxes than

434
00:23:43,720 --> 00:23:49,399
Speaker 1: than they are a question. We send some TEX messages.

435
00:23:49,760 --> 00:23:52,080
Speaker 1: But if they you know, because I do have clients

436
00:23:52,080 --> 00:23:58,560
Speaker 1: that were maybe slipped through you know, my file a year, um,

437
00:23:58,760 --> 00:24:01,639
Speaker 1: then yeah, and that's what I can do. If they

438
00:24:01,680 --> 00:24:04,000
Speaker 1: don't give me the information that we've already filed the

439
00:24:04,040 --> 00:24:07,320
Speaker 1: extension and now we're at the extension deadline, then they

440
00:24:07,359 --> 00:24:10,120
Speaker 1: would just have to pay a late five link penalty

441
00:24:10,240 --> 00:24:12,879
Speaker 1: whenever they do, which is, you know, which is not

442
00:24:12,960 --> 00:24:14,919
Speaker 1: a large amount, But like I said, it's you know,

443
00:24:15,280 --> 00:24:17,879
Speaker 1: I can't be more concerned about somebody's taxes than they

444
00:24:17,880 --> 00:24:21,680
Speaker 1: are about their own. That's true. I've been there. You know,

445
00:24:21,680 --> 00:24:24,199
Speaker 1: always tell people, you know, when you make the decision

446
00:24:24,240 --> 00:24:26,119
Speaker 1: when you have to let people go, well, you know,

447
00:24:26,200 --> 00:24:28,320
Speaker 1: you have to fire people. Nobody wants to do that.

448
00:24:28,359 --> 00:24:30,560
Speaker 1: But if they're I can't worry about there, If they

449
00:24:30,600 --> 00:24:33,040
Speaker 1: don't worry about their job or their responsibility of being

450
00:24:33,040 --> 00:24:34,800
Speaker 1: able to do what I asked you to do. Show

451
00:24:34,880 --> 00:24:36,840
Speaker 1: up to work on time, you know, do the work

452
00:24:36,880 --> 00:24:38,680
Speaker 1: I asked them to do in between the hours I'm

453
00:24:38,720 --> 00:24:41,080
Speaker 1: asking I'm paying you to do so when it's the

454
00:24:41,119 --> 00:24:43,480
Speaker 1: same thing with life. If somebody asked you to file something,

455
00:24:43,520 --> 00:24:45,800
Speaker 1: they don't give you the paperwork to file, they can't

456
00:24:45,800 --> 00:24:48,280
Speaker 1: come back and complain, but they will complain, and they

457
00:24:48,320 --> 00:24:51,000
Speaker 1: would someone kind of blame you for the problem. So

458
00:24:51,320 --> 00:24:53,560
Speaker 1: you have to always have your paperworking place to be

459
00:24:53,600 --> 00:24:56,959
Speaker 1: able to adjust the people who will not understand. Rules

460
00:24:57,000 --> 00:24:59,639
Speaker 1: are not made to be broken. They're where they they

461
00:24:59,680 --> 00:25:02,560
Speaker 1: have made to be followed. But Chimis was not off.

462
00:25:02,560 --> 00:25:04,800
Speaker 1: She did drop off the list. She didn't have a question, Chimis,

463
00:25:04,840 --> 00:25:09,119
Speaker 1: what was your question? Um? I guess my question is

464
00:25:09,119 --> 00:25:12,320
Speaker 1: I want to be able to contact UM the tax

465
00:25:15,400 --> 00:25:18,560
Speaker 1: as well as I need to stay in touch with

466
00:25:18,600 --> 00:25:21,240
Speaker 1: you UM and be a guest on the show. Okay,

467
00:25:21,240 --> 00:25:23,840
Speaker 1: well that's no problem. Just leave your information afterwards, you know.

468
00:25:23,920 --> 00:25:28,000
Speaker 1: And now, now as far as contacting Laura Food, she's

469
00:25:28,000 --> 00:25:30,439
Speaker 1: based in the Washington d C. How did do that?

470
00:25:30,560 --> 00:25:33,280
Speaker 1: Do you know? This is a public radio rate network.

471
00:25:33,359 --> 00:25:35,680
Speaker 1: We really can't we really can't put ourselves in the

472
00:25:35,720 --> 00:25:38,600
Speaker 1: position to be able to solicit or give out information

473
00:25:38,640 --> 00:25:40,720
Speaker 1: like that. But off, if you leave your number, then

474
00:25:40,720 --> 00:25:46,680
Speaker 1: I'll be able to uh set up a contact relationship. Okay, okay, cool,

475
00:25:46,680 --> 00:25:48,879
Speaker 1: I appreciate it, Thank you very much. Now here's the

476
00:25:48,920 --> 00:25:52,480
Speaker 1: interesting thing about you, uh, and you are a very

477
00:25:52,680 --> 00:25:56,280
Speaker 1: very passionate person, Laura. You know you said that because

478
00:25:56,280 --> 00:25:58,760
Speaker 1: of the type of business you are in, Dignity Memorial,

479
00:25:59,320 --> 00:26:02,320
Speaker 1: and last year had to be a year where we

480
00:26:02,359 --> 00:26:05,359
Speaker 1: saw the accelerated deaths of so many people and now

481
00:26:05,400 --> 00:26:07,439
Speaker 1: it's picking back up in the fall. How do you

482
00:26:07,480 --> 00:26:10,560
Speaker 1: balance that? Because that's a very emotionally draining business that

483
00:26:10,680 --> 00:26:13,640
Speaker 1: you're in. And then you also still also in another

484
00:26:13,680 --> 00:26:18,320
Speaker 1: business which is also emotionally draining, in the financial services

485
00:26:18,320 --> 00:26:20,960
Speaker 1: business with taxes. How do you balance that? And then

486
00:26:21,320 --> 00:26:25,560
Speaker 1: you have a wonderful daughter who's now in college. Year

487
00:26:25,720 --> 00:26:30,879
Speaker 1: can believe, right, but I know people see me, they

488
00:26:30,920 --> 00:26:33,680
Speaker 1: would never believe looking at me that I have a

489
00:26:33,800 --> 00:26:37,160
Speaker 1: daughter that is a senior in college. But I do. Well, good,

490
00:26:37,160 --> 00:26:39,400
Speaker 1: that's a good thing. Now, with that being said, how

491
00:26:39,400 --> 00:26:43,080
Speaker 1: do you balance these two amazingly difficult emotional jobs because

492
00:26:43,080 --> 00:26:46,080
Speaker 1: people want to know, Um, well, I think the balance

493
00:26:46,160 --> 00:26:50,639
Speaker 1: comes in because yes, my My corporate career of twenty

494
00:26:50,720 --> 00:26:54,680
Speaker 1: five years is in the death care industry. However, my

495
00:26:54,680 --> 00:26:59,560
Speaker 1: my backing is UM accounting and finance. So even at

496
00:26:59,680 --> 00:27:03,960
Speaker 1: the corporate job, I am a finance manager, so I

497
00:27:04,080 --> 00:27:07,840
Speaker 1: still shuffle a lot of papers, crunch a lot of numbers. UM.

498
00:27:07,960 --> 00:27:11,480
Speaker 1: So fortunately during the pandemic, you know, I don't meet

499
00:27:11,560 --> 00:27:16,480
Speaker 1: directly with family. It was certainly UM a toll on

500
00:27:16,680 --> 00:27:20,000
Speaker 1: everyone in our company, as you can imagine because even

501
00:27:20,520 --> 00:27:24,960
Speaker 1: Tim started so we were never like worked from home.

502
00:27:25,119 --> 00:27:28,680
Speaker 1: Of course, like we never. It was a lot of

503
00:27:28,760 --> 00:27:33,520
Speaker 1: overtime and like you said, it was, I mean it

504
00:27:33,640 --> 00:27:36,240
Speaker 1: was the same where at work, it was that's your

505
00:27:36,359 --> 00:27:38,760
Speaker 1: job you have to do. But of course I think

506
00:27:38,880 --> 00:27:42,480
Speaker 1: to balance all of that is making sure that whatever

507
00:27:42,600 --> 00:27:46,400
Speaker 1: you enjoy doing that you budget for that, whether it's

508
00:27:46,640 --> 00:27:49,439
Speaker 1: funny time. So you know, my favorite thing is I

509
00:27:49,600 --> 00:27:51,800
Speaker 1: have a whole to eat, like as long as I

510
00:27:51,840 --> 00:27:54,960
Speaker 1: have good food and I have like and I can

511
00:27:55,080 --> 00:27:59,239
Speaker 1: watch fast and serious on the weekend and you know

512
00:27:59,320 --> 00:28:01,680
Speaker 1: we can re group and refresh. So I think being

513
00:28:01,720 --> 00:28:06,119
Speaker 1: a business owner, balancing you know, the multiple streams of income,

514
00:28:06,160 --> 00:28:08,480
Speaker 1: I think it's just making sure that you budget out

515
00:28:08,760 --> 00:28:13,760
Speaker 1: time for us to regroup on like a Sunday to

516
00:28:13,840 --> 00:28:16,119
Speaker 1: day is my day that I try not to work,

517
00:28:16,359 --> 00:28:19,000
Speaker 1: you know, right, want I want to switch gears here

518
00:28:19,000 --> 00:28:21,040
Speaker 1: and talk about all these apps they gotta out here

519
00:28:21,080 --> 00:28:24,000
Speaker 1: because i RS has changed rules on notification of income

520
00:28:24,240 --> 00:28:26,239
Speaker 1: of six hundred dollars more. You know, because a lot

521
00:28:26,280 --> 00:28:28,920
Speaker 1: of people they're sending an invoce to me through PayPal.

522
00:28:29,520 --> 00:28:31,560
Speaker 1: A lot of people ask me to play through zeal

523
00:28:31,840 --> 00:28:35,360
Speaker 1: or Venmo or eBay. You know, it's really so many

524
00:28:35,400 --> 00:28:38,000
Speaker 1: different ways out there. But the rules have changed and

525
00:28:38,040 --> 00:28:40,560
Speaker 1: you have to really really be aware that the government

526
00:28:40,640 --> 00:28:42,920
Speaker 1: is tracking you now. Is that only just on the

527
00:28:43,000 --> 00:28:46,160
Speaker 1: personal side or on the business side or also on

528
00:28:46,200 --> 00:28:48,800
Speaker 1: the personal side too, Because it used to be you

529
00:28:48,800 --> 00:28:52,560
Speaker 1: can kind of like slide different income levels and not reported.

530
00:28:52,760 --> 00:28:54,560
Speaker 1: I'm not saying that's the wrong thing to do, but

531
00:28:54,640 --> 00:28:56,880
Speaker 1: you could get away with it if you didn't do

532
00:28:56,920 --> 00:29:00,440
Speaker 1: it so much. But now RS is notified every time

533
00:29:00,440 --> 00:29:03,120
Speaker 1: that happens. Talk about that major changes happened in January

534
00:29:03,120 --> 00:29:08,480
Speaker 1: one to anybody who gets paid six or more. Yes,

535
00:29:08,720 --> 00:29:11,920
Speaker 1: and so with hopefully you know, if people talk to

536
00:29:11,960 --> 00:29:14,800
Speaker 1: a tax a pair of financial advisor, you know, we

537
00:29:14,880 --> 00:29:18,360
Speaker 1: would always advise our clients. Anytime you have a profit

538
00:29:18,520 --> 00:29:21,840
Speaker 1: in your business of four hundred dollars or more, you

539
00:29:21,920 --> 00:29:24,400
Speaker 1: have to do your taxes and you have to promote

540
00:29:24,440 --> 00:29:27,400
Speaker 1: that income or claim the income. Right. So as I've

541
00:29:27,440 --> 00:29:31,800
Speaker 1: always promoted to my clients and hopefully other people were

542
00:29:31,840 --> 00:29:35,040
Speaker 1: as well, because we knew, like you, they did not

543
00:29:35,200 --> 00:29:38,640
Speaker 1: develop all of these apps just for our convenience. Right now,

544
00:29:38,760 --> 00:29:41,320
Speaker 1: some of them get a small percentage or they get

545
00:29:41,360 --> 00:29:43,960
Speaker 1: their fees, so then it does create income for them.

546
00:29:44,320 --> 00:29:47,040
Speaker 1: But of course we knew that this was a way

547
00:29:47,080 --> 00:29:49,800
Speaker 1: for them to track our money, right, and they know

548
00:29:50,080 --> 00:29:54,880
Speaker 1: now as more people are creating, you know, becoming entrepreneurs,

549
00:29:55,120 --> 00:29:58,120
Speaker 1: having side hustles. You know a lot of people everybody

550
00:29:58,120 --> 00:30:01,480
Speaker 1: has now side hustle. During the endemic, so many amazing

551
00:30:01,560 --> 00:30:06,920
Speaker 1: businesses were created. And so what they're doing now, um

552
00:30:07,240 --> 00:30:10,960
Speaker 1: is that if you have earned on any of these platforms,

553
00:30:11,000 --> 00:30:14,480
Speaker 1: like I said, cash aps, L at the eBay, all

554
00:30:14,480 --> 00:30:17,640
Speaker 1: those things, six hundred dollars are more, they will send

555
00:30:17,680 --> 00:30:21,520
Speaker 1: you a ten K, which means income that you need

556
00:30:21,560 --> 00:30:24,440
Speaker 1: to report as well as they'll send a copy to

557
00:30:24,520 --> 00:30:26,640
Speaker 1: the I R S. So that it's cracking down that

558
00:30:26,720 --> 00:30:29,160
Speaker 1: we have to claim that income and as I said,

559
00:30:29,200 --> 00:30:33,240
Speaker 1: Now for myself, I always for years have been selling clients.

560
00:30:33,920 --> 00:30:37,800
Speaker 1: Need to claim the income, but keep good cracking of

561
00:30:37,880 --> 00:30:40,560
Speaker 1: your expenses, so the most of that income, we can

562
00:30:40,560 --> 00:30:44,040
Speaker 1: write that down for you. But yes, so starting January

563
00:30:44,400 --> 00:30:47,800
Speaker 1: twenties twenty two, if you earn six hundred dollars or more,

564
00:30:47,960 --> 00:30:55,000
Speaker 1: they'll issue which you would get at the beginning of three. Yes,

565
00:30:55,200 --> 00:30:59,640
Speaker 1: they want their percentage of everything can get away with.

566
00:30:59,840 --> 00:31:01,680
Speaker 1: Were gonna come right right when you come back. I

567
00:31:01,680 --> 00:31:04,000
Speaker 1: want to respond to the changes in the tax credits,

568
00:31:04,640 --> 00:31:08,800
Speaker 1: earned income A changes, the unemployment changes, child dependent care

569
00:31:08,920 --> 00:31:11,680
Speaker 1: expense changes, and what's new coming up in your brain?

570
00:31:11,760 --> 00:31:14,520
Speaker 1: But right back I'm sending you guys up. You don't

571
00:31:14,520 --> 00:31:16,360
Speaker 1: go nowhere. When you come back to you you can answer

572
00:31:16,440 --> 00:31:18,240
Speaker 1: all these things. If you want to call us four

573
00:31:18,320 --> 00:31:22,000
Speaker 1: zero four eight zero five. I'm talking to the wonderful,

574
00:31:22,040 --> 00:31:26,680
Speaker 1: the talent, the dynamic tax power power. Laura Foods be

575
00:31:26,800 --> 00:31:29,760
Speaker 1: right back with what money making conversations. Hi, I'm Dr

576
00:31:29,800 --> 00:31:33,280
Speaker 1: Andreas Michaelitis, Chief psychologist at noon. But what's new and

577
00:31:33,320 --> 00:31:35,920
Speaker 1: why does new need a chief psychologist? NEOM is a

578
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579
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580
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Speaker 1: your mind. With Noome's proven psychology, back tools, one on

581
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Speaker 1: one coaching, and flexible plans that emphasize progress over perfection,

582
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Speaker 1: you'll have the tools you need to change your relationship

583
00:31:51,640 --> 00:31:54,440
Speaker 1: with food. So sign up at noon dot com now

584
00:31:54,520 --> 00:31:57,240
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585
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Speaker 1: dot com. What grows in the forest trees? Sure you

586
00:32:03,120 --> 00:32:06,240
Speaker 1: know what else grows in the forest. Our imagination, our

587
00:32:06,320 --> 00:32:09,880
Speaker 1: sense of wonder, and our family bonds grow too, because

588
00:32:09,880 --> 00:32:16,160
Speaker 1: when we disconnect from this and connect with this, we

589
00:32:16,240 --> 00:32:19,960
Speaker 1: reconnect with each other. The forest is closer than you think.

590
00:32:20,240 --> 00:32:23,600
Speaker 1: Find a forest near you and start exploring. I Discover

591
00:32:23,680 --> 00:32:26,160
Speaker 1: the Forest dot org brought to you by the United

592
00:32:26,160 --> 00:32:30,000
Speaker 1: States Forest Service and the AD Council. Look for your

593
00:32:30,080 --> 00:32:33,280
Speaker 1: children's eyes to see the true magic of a forest.

594
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595
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Speaker 1: a tree. They see the wrinkled face of a wizard

596
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Speaker 1: with arms outstretched to the sky. They see treasure in pebbles,

597
00:32:44,240 --> 00:32:46,960
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598
00:32:47,320 --> 00:32:51,760
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599
00:32:52,160 --> 00:32:54,959
Speaker 1: Find a forest near you and start exploring and Discover

600
00:32:55,040 --> 00:32:57,320
Speaker 1: the Forest dot org. Brought to you by the United

601
00:32:57,320 --> 00:33:01,120
Speaker 1: States Forest Service and the AD Council. Now let's return

602
00:33:01,200 --> 00:33:04,800
Speaker 1: to money Making Conversations Live with rus Sean McDonald. If

603
00:33:04,840 --> 00:33:11,320
Speaker 1: you have questions or comments, called four zero four zero. Well.

604
00:33:11,840 --> 00:33:13,800
Speaker 1: Coming up on the show is the founder of CEO

605
00:33:14,000 --> 00:33:17,240
Speaker 1: or brew master of Rhythm's Brewing Company. UH. She's es

606
00:33:17,240 --> 00:33:19,719
Speaker 1: fessionally known as the Lady Lagger. She made history by

607
00:33:19,720 --> 00:33:22,840
Speaker 1: coming the first African American woman owned beer brand in

608
00:33:22,840 --> 00:33:25,080
Speaker 1: the state of Connecticut and the fourth in the country.

609
00:33:25,400 --> 00:33:28,200
Speaker 1: That's coming up on the show. But let's wrap up. Laura.

610
00:33:28,240 --> 00:33:30,480
Speaker 1: You you always bring me information, You always keep me

611
00:33:30,520 --> 00:33:33,160
Speaker 1: your abreast of all the changes. And before you left,

612
00:33:33,200 --> 00:33:36,240
Speaker 1: you know you're based in the Prince George's County area

613
00:33:36,240 --> 00:33:38,880
Speaker 1: of Washington, d C. One of the largest black fugets

614
00:33:39,040 --> 00:33:43,160
Speaker 1: UH communities from a standpoint of wealth in America. And

615
00:33:43,160 --> 00:33:45,760
Speaker 1: you're out there doing your thing with your multiple streams

616
00:33:45,760 --> 00:33:47,680
Speaker 1: with income. You're hanging in there, aren't you? You You hanging

617
00:33:47,720 --> 00:33:53,400
Speaker 1: in there? When we talk about child tax credit changes

618
00:33:53,400 --> 00:33:57,040
Speaker 1: and earned income age changes and unemployment changes, why would

619
00:33:57,080 --> 00:34:01,840
Speaker 1: these changes needed and would they benefit us? Um? Well,

620
00:34:01,880 --> 00:34:04,480
Speaker 1: I think a lot of the a lot of these changes,

621
00:34:04,520 --> 00:34:08,120
Speaker 1: of course, came about because of the pandemic. Right, So

622
00:34:08,360 --> 00:34:11,360
Speaker 1: some things. I was gonna point out a few things,

623
00:34:11,440 --> 00:34:13,719
Speaker 1: and I took some notes because of course my brain

624
00:34:13,800 --> 00:34:16,560
Speaker 1: is only so big, so I don't remember the exact numbers.

625
00:34:16,600 --> 00:34:19,160
Speaker 1: So I did take some notes so that everybody could

626
00:34:19,200 --> 00:34:22,080
Speaker 1: have exact numbers. Um. But some of the things, we

627
00:34:22,200 --> 00:34:25,879
Speaker 1: have to be mindful that when um, they passed the

628
00:34:25,920 --> 00:34:29,919
Speaker 1: American Cares Act, that they were effect for twenty twenty,

629
00:34:29,960 --> 00:34:33,320
Speaker 1: but they did not extend to one. So some thing's

630
00:34:33,400 --> 00:34:37,080
Speaker 1: got good, some things not so good. Okay, so let's

631
00:34:37,120 --> 00:34:40,319
Speaker 1: point out, um, what is a good thing. So one

632
00:34:40,360 --> 00:34:44,120
Speaker 1: of the which everybody has been talking about because I

633
00:34:44,120 --> 00:34:47,239
Speaker 1: get questions about it is the child tax credit. So

634
00:34:47,360 --> 00:34:50,000
Speaker 1: if you had children, you know, you used to get

635
00:34:50,000 --> 00:34:53,240
Speaker 1: a child tax credit of two thousand dollars per child

636
00:34:53,440 --> 00:34:59,200
Speaker 1: up still, if understanding what they did for here twenty

637
00:34:59,320 --> 00:35:06,080
Speaker 1: twenty one, they end three thousand dollars per child, and

638
00:35:06,120 --> 00:35:10,400
Speaker 1: then if your child is under five thirties hundred dollars

639
00:35:10,480 --> 00:35:14,359
Speaker 1: per child. As well as another benefit that I've never

640
00:35:14,400 --> 00:35:18,960
Speaker 1: heard of them doing. People started getting advanced payments of

641
00:35:19,160 --> 00:35:22,759
Speaker 1: that credit back in July, so they were a month

642
00:35:22,960 --> 00:35:28,840
Speaker 1: credit from July, August, September or southern of December. So

643
00:35:28,960 --> 00:35:32,880
Speaker 1: that's the great right, more money per child. The only

644
00:35:32,920 --> 00:35:36,719
Speaker 1: thing that I cautioned my science is out and being

645
00:35:36,760 --> 00:35:40,759
Speaker 1: careful because you could opt of taking the credit, is

646
00:35:41,200 --> 00:35:45,960
Speaker 1: remember it is an advance against that credit. So like

647
00:35:46,120 --> 00:35:50,120
Speaker 1: for my crients that I have, who maybe um, parents

648
00:35:50,160 --> 00:35:53,880
Speaker 1: are now separated or they're divorced and they take turns

649
00:35:53,960 --> 00:35:57,719
Speaker 1: claiming the child. So maybe they started sending them the

650
00:35:57,840 --> 00:36:02,000
Speaker 1: money because they claimed the child in twenty twenty. Now

651
00:36:02,080 --> 00:36:05,120
Speaker 1: in one they will not be claiming that child. So

652
00:36:05,200 --> 00:36:08,239
Speaker 1: if they already got that advanced money and they have

653
00:36:08,360 --> 00:36:13,160
Speaker 1: to deduct it on their tw that means now they

654
00:36:13,239 --> 00:36:17,440
Speaker 1: may oh. So that's how I said, we have to

655
00:36:17,520 --> 00:36:20,360
Speaker 1: make sure you know that we understand the credits and

656
00:36:20,400 --> 00:36:22,640
Speaker 1: how they really work, to make sure that we're not

657
00:36:22,719 --> 00:36:26,640
Speaker 1: setting ourselves up come tax times. UM. So that was

658
00:36:26,719 --> 00:36:28,640
Speaker 1: one that was a big one because I know everybody

659
00:36:28,640 --> 00:36:30,920
Speaker 1: knows about the child tax credits, so that is a

660
00:36:30,960 --> 00:36:35,840
Speaker 1: good one. UM. Another good one, UM, A lot of

661
00:36:35,840 --> 00:36:39,000
Speaker 1: people forget about this is a child in dependent care

662
00:36:39,120 --> 00:36:44,000
Speaker 1: expenses where you know for your children under third I

663
00:36:44,080 --> 00:36:47,719
Speaker 1: aimed the caps we used to only be able to

664
00:36:47,760 --> 00:36:53,080
Speaker 1: claim three thousand dollars worth of expenses. Yeah, years one,

665
00:36:53,120 --> 00:36:56,040
Speaker 1: you'll be able to claim up to eight thousand dollars

666
00:36:56,080 --> 00:36:59,680
Speaker 1: and expenses. Now remember now this like when I Spens

667
00:36:59,680 --> 00:37:02,839
Speaker 1: said the kids through private school. We can't write off

668
00:37:02,880 --> 00:37:06,920
Speaker 1: the private school education it is or because that's a choice.

669
00:37:07,080 --> 00:37:10,479
Speaker 1: But you can deduct when you're paying before care, after care,

670
00:37:10,920 --> 00:37:13,359
Speaker 1: summer camp. Because you're going to work, we can write

671
00:37:13,400 --> 00:37:17,560
Speaker 1: off that. Okay, Um, can I say another one? We

672
00:37:17,600 --> 00:37:21,120
Speaker 1: have time for some more. One more and actually actually

673
00:37:21,120 --> 00:37:23,200
Speaker 1: actually probably need to go, but I want to hear

674
00:37:23,200 --> 00:37:24,839
Speaker 1: what you got coming up so I can go into

675
00:37:24,880 --> 00:37:27,640
Speaker 1: my next games. Okay, yes, okay, so real quick. The

676
00:37:27,719 --> 00:37:29,719
Speaker 1: only other thing that I want to make people sure

677
00:37:29,760 --> 00:37:32,640
Speaker 1: that people know not a good thing was that for

678
00:37:32,880 --> 00:37:37,200
Speaker 1: twenty twenty, when we were getting unemployment income, that first

679
00:37:37,239 --> 00:37:41,040
Speaker 1: ten thousand, two hundred dollars was not taxable. But guess

680
00:37:41,040 --> 00:37:45,560
Speaker 1: what for those that still we're getting unemployment in one,

681
00:37:45,960 --> 00:37:48,400
Speaker 1: that is not the case that income is going to

682
00:37:48,480 --> 00:37:51,440
Speaker 1: be taxable. So they need to make sure that they're

683
00:37:51,440 --> 00:37:58,560
Speaker 1: withholding schedule and out of that unemployment income. Okay, let's foods.

684
00:37:58,600 --> 00:37:59,960
Speaker 1: I want to thank you for coming on my show

685
00:38:00,280 --> 00:38:04,160
Speaker 1: as usual. You know, well, you're amazing talker and I

686
00:38:04,239 --> 00:38:07,120
Speaker 1: love your energy and your your information you give helps

687
00:38:07,160 --> 00:38:09,040
Speaker 1: all people. And again when I need you, I can

688
00:38:09,080 --> 00:38:13,120
Speaker 1: depend on you to come back on the show. Correct, anytime, anytime? Alright,

689
00:38:13,840 --> 00:38:16,319
Speaker 1: come to Atlanta in October. Okay, cool, Well, we'll see

690
00:38:16,320 --> 00:38:18,680
Speaker 1: you next month again. Laura Foods based on in the

691
00:38:18,719 --> 00:38:21,759
Speaker 1: Maryland UH Prince George's County area. She's one of the

692
00:38:21,800 --> 00:38:25,400
Speaker 1: top financial tax for small businesses in America. Thank you

693
00:38:25,440 --> 00:38:29,319
Speaker 1: for coming to the show, Laura, Thank you, thank you. Well,

694
00:38:29,360 --> 00:38:30,759
Speaker 1: she's on the phone and I want to thank her

695
00:38:30,840 --> 00:38:33,240
Speaker 1: for being patient allowing me. She's all away up North

696
00:38:33,400 --> 00:38:37,520
Speaker 1: Connecticut area. UH. My next guest is Elsa Bowens Makago.

697
00:38:37,920 --> 00:38:42,480
Speaker 1: She's the founder, CEO and uh brew Master of CEO

698
00:38:42,480 --> 00:38:46,480
Speaker 1: of brew Master Rhythm Brewing Company. Affectually known as Lady Lagger.

699
00:38:46,840 --> 00:38:49,640
Speaker 1: She made history about becoming the first African American woman

700
00:38:49,680 --> 00:38:52,400
Speaker 1: owned beer brand in the state of Connecticut and the

701
00:38:52,520 --> 00:38:56,200
Speaker 1: fourth in the country. Alisa, she's a professional saucer dancer

702
00:38:56,200 --> 00:38:59,160
Speaker 1: and owner Elisa's House of Saucer. She's owned that business

703
00:38:59,360 --> 00:39:01,239
Speaker 1: is two thousand and so. We talked about it more

704
00:39:01,239 --> 00:39:04,080
Speaker 1: than twenty one years guy that glided on into the

705
00:39:04,120 --> 00:39:08,080
Speaker 1: beer scene. In her passion for music, dance, and beer

706
00:39:08,120 --> 00:39:10,719
Speaker 1: have played a significant role in her life. Both of

707
00:39:10,719 --> 00:39:14,239
Speaker 1: Elsa's grandmothers were beer drinkers. Alive my father he was

708
00:39:14,280 --> 00:39:16,920
Speaker 1: a big beer drinker or lag our drinker. A Lisa

709
00:39:16,960 --> 00:39:19,880
Speaker 1: remembers her grandmother telling her that the key to success

710
00:39:19,960 --> 00:39:23,120
Speaker 1: was finding your rhythm and life. Recognizing a significant gap

711
00:39:23,120 --> 00:39:26,319
Speaker 1: in the hundred and fourteen billion dollar beer industry, she

712
00:39:26,360 --> 00:39:28,960
Speaker 1: has made it her mission to tap into an untapped

713
00:39:29,120 --> 00:39:33,120
Speaker 1: and underserved demographic in the country. Please welcome from Connecticut.

714
00:39:33,120 --> 00:39:37,360
Speaker 1: Straight out of Connecticut to money making Conversation, Alisa Bowens Makado.

715
00:39:37,440 --> 00:39:41,040
Speaker 1: How are you doing. I'm wonderful. Thank you so much

716
00:39:41,160 --> 00:39:44,239
Speaker 1: for I make I'm really happy that I can tron

717
00:39:44,320 --> 00:39:46,439
Speaker 1: you today. Well, first of all, you know, we gotta

718
00:39:46,480 --> 00:39:48,839
Speaker 1: start with the saucer talk, you know, you know, because

719
00:39:49,040 --> 00:39:51,560
Speaker 1: I would think, because you know, it's really funny about

720
00:39:51,600 --> 00:39:53,680
Speaker 1: that when you hear the word sauce, it just automatically

721
00:39:53,719 --> 00:39:55,880
Speaker 1: you just want to move like you really know what

722
00:39:55,920 --> 00:39:58,759
Speaker 1: you do. You'll be sitting in your chair and I

723
00:39:58,800 --> 00:40:00,759
Speaker 1: just didn't mean to say sauce I doing, you know,

724
00:40:00,800 --> 00:40:06,239
Speaker 1: I did something that that that that that you know what,

725
00:40:06,280 --> 00:40:09,160
Speaker 1: It's funny. Everybody always puts one hand on their tracks

726
00:40:09,239 --> 00:40:13,759
Speaker 1: at one arm up in the air, and you that

727
00:40:13,920 --> 00:40:16,880
Speaker 1: right now, you say salsa, and that's immediately and that

728
00:40:17,560 --> 00:40:20,000
Speaker 1: that music that you're just playing, that's your sausa music

729
00:40:20,040 --> 00:40:23,000
Speaker 1: in your head. But it literally comes out so wept.

730
00:40:23,239 --> 00:40:28,080
Speaker 1: You're absolutely right. It's really because it's such as there

731
00:40:28,080 --> 00:40:31,560
Speaker 1: are certain beats that stay in your mind, like the reggae.

732
00:40:31,719 --> 00:40:34,600
Speaker 1: You know that that Bob Marley beat just stays into

733
00:40:34,680 --> 00:40:37,200
Speaker 1: your mind. And then you know, you know, I don't care,

734
00:40:37,239 --> 00:40:39,440
Speaker 1: you know, you go if you think of reggae is

735
00:40:39,440 --> 00:40:41,840
Speaker 1: a beat that's gonna stay there when you go to saucer.

736
00:40:41,960 --> 00:40:44,480
Speaker 1: That immediately, like you said, you know, my hand winning

737
00:40:45,360 --> 00:40:47,600
Speaker 1: on the top of my stomach. Oh my heart. My

738
00:40:47,640 --> 00:40:50,080
Speaker 1: other hand went up and I was kind of waving

739
00:40:50,120 --> 00:40:52,160
Speaker 1: at somebody. I don't know who waving back at me,

740
00:40:52,200 --> 00:40:54,719
Speaker 1: but I was doing my thing. But why does that?

741
00:40:54,880 --> 00:40:58,759
Speaker 1: Why does the music grab you like that? Oh? I mean,

742
00:40:58,840 --> 00:41:02,719
Speaker 1: I'm gonna tell you exactly why. Uh. It's got so

743
00:41:02,800 --> 00:41:08,640
Speaker 1: many beautiful instruments and beets and rhythms in southa and

744
00:41:08,680 --> 00:41:10,640
Speaker 1: it just brings you to if you close your eyes

745
00:41:10,719 --> 00:41:15,280
Speaker 1: and you picture like an island or you know, palm

746
00:41:15,400 --> 00:41:19,040
Speaker 1: trees or a happy place, but with just percussion and

747
00:41:19,200 --> 00:41:23,680
Speaker 1: music moving. That's that's the excitement. And that's why I

748
00:41:23,680 --> 00:41:26,680
Speaker 1: don't care who you are. If you hear some to

749
00:41:26,719 --> 00:41:31,560
Speaker 1: hear some sect to music, yourn start tapping, then you

750
00:41:31,600 --> 00:41:38,360
Speaker 1: know we might have to waken up that that sent it.

751
00:41:38,520 --> 00:41:44,719
Speaker 1: Really it's an incredible inspectious inspectious dance and music and

752
00:41:44,719 --> 00:41:48,000
Speaker 1: and just you know culture so image because you teach it,

753
00:41:48,080 --> 00:41:50,319
Speaker 1: you have you have school. It's going on. Like I said,

754
00:41:50,320 --> 00:41:53,000
Speaker 1: like roughly twenty one years owner of a Lisa's House

755
00:41:53,000 --> 00:41:55,799
Speaker 1: of Salsa. What what or what are the fans or

756
00:41:55,800 --> 00:41:57,640
Speaker 1: what are the students that come to you? Are there

757
00:41:57,680 --> 00:42:00,440
Speaker 1: are a certain age group or certain demographic figures? Are

758
00:42:00,640 --> 00:42:04,359
Speaker 1: racial demographic that comes into your closes or because twenty

759
00:42:04,440 --> 00:42:06,080
Speaker 1: years you kind of get a sense of who you're

760
00:42:06,080 --> 00:42:10,359
Speaker 1: a client? Are correct? Yes? Absolutely, and I will tell

761
00:42:10,400 --> 00:42:15,319
Speaker 1: you they are people. They look there's the demographic and

762
00:42:15,360 --> 00:42:18,839
Speaker 1: the diversity and what I see in my classroom, Um,

763
00:42:18,920 --> 00:42:24,359
Speaker 1: it's unbelievable. People come in there basically they either want

764
00:42:24,440 --> 00:42:28,399
Speaker 1: to find something that they're missing in life. I've had

765
00:42:28,440 --> 00:42:33,359
Speaker 1: people who have shared um stories about divorce or um

766
00:42:33,400 --> 00:42:36,279
Speaker 1: I mean deep is like losing a child, and they

767
00:42:36,360 --> 00:42:39,560
Speaker 1: just needed to come and connect and for one hour

768
00:42:39,760 --> 00:42:43,080
Speaker 1: they could just get away. I've got people who are

769
00:42:43,600 --> 00:42:46,479
Speaker 1: you know, we're ripe by your university. So we've got

770
00:42:46,800 --> 00:42:50,120
Speaker 1: you know, doctors and professors that are just their workload

771
00:42:50,200 --> 00:42:51,799
Speaker 1: is crazy and they just want to get out on

772
00:42:51,880 --> 00:42:54,640
Speaker 1: the dance floor. But then I've got like people who

773
00:42:54,680 --> 00:42:57,239
Speaker 1: are Latino who are just like, I need to reconnect

774
00:42:57,239 --> 00:42:59,880
Speaker 1: with my culture. And then I've got Black folks that

775
00:43:00,000 --> 00:43:03,719
Speaker 1: come in because I'm African American, and you know that

776
00:43:03,880 --> 00:43:06,719
Speaker 1: salsa and the deeps and the rhythm start in Africa.

777
00:43:06,880 --> 00:43:09,759
Speaker 1: So it's just people that want to dive more into

778
00:43:09,760 --> 00:43:13,040
Speaker 1: the history of where salsa has come from or where

779
00:43:13,440 --> 00:43:16,799
Speaker 1: the dance. So I mean, I'm talking just people who

780
00:43:16,840 --> 00:43:19,960
Speaker 1: have two less less less feet because people have a

781
00:43:20,000 --> 00:43:26,040
Speaker 1: little rhythm. Those people I've seen all I've seen my babies,

782
00:43:26,080 --> 00:43:30,520
Speaker 1: I call them from ages three. Um up. You know,

783
00:43:33,160 --> 00:43:35,600
Speaker 1: you know it's interesting, you know, because you know that's

784
00:43:35,640 --> 00:43:37,920
Speaker 1: how powerful sauce it is. Because you know, my original

785
00:43:37,960 --> 00:43:41,600
Speaker 1: connection to this interview was you the founder and CEO

786
00:43:41,640 --> 00:43:44,759
Speaker 1: of Brew Master Rhythm Brewing Company. And but then I

787
00:43:44,800 --> 00:43:47,120
Speaker 1: start reading your bio and I started reading about salsa.

788
00:43:47,200 --> 00:43:49,600
Speaker 1: In the next five minutes we're talked about salsa and

789
00:43:49,920 --> 00:43:52,719
Speaker 1: saying anything about lagger or any beer drinking yet. So

790
00:43:53,120 --> 00:43:55,480
Speaker 1: it just shows you how powerful that is is that

791
00:43:55,600 --> 00:43:57,399
Speaker 1: do anybody come in there, because we're going to talk

792
00:43:57,400 --> 00:43:59,480
Speaker 1: about your business. That's one of your business. First of all,

793
00:43:59,520 --> 00:44:02,480
Speaker 1: you your person of multiple streams of income. Let's get

794
00:44:02,480 --> 00:44:05,800
Speaker 1: that out. She's a uh female entrepreneurs. She's an African

795
00:44:05,840 --> 00:44:09,480
Speaker 1: American female entrepreneur. One of the fastest group of entrepreneurs

796
00:44:09,640 --> 00:44:12,880
Speaker 1: growing in America, African American female entrepreneurs. And it's really

797
00:44:13,360 --> 00:44:17,480
Speaker 1: because women have always been the lead, the ones who

798
00:44:17,520 --> 00:44:19,719
Speaker 1: handled the money in the household, and now they've taken

799
00:44:19,760 --> 00:44:23,239
Speaker 1: it out as entrepreneurs. Has becoming a natural leadership role

800
00:44:23,320 --> 00:44:26,840
Speaker 1: for you as as being a person who had a

801
00:44:26,880 --> 00:44:30,359
Speaker 1: business and then you transition into another business. That kind

802
00:44:30,360 --> 00:44:32,319
Speaker 1: of like what's part of your lifestyle, Like they always say,

803
00:44:32,320 --> 00:44:35,000
Speaker 1: if you're gonna invest in stock, invest in stock and

804
00:44:35,040 --> 00:44:37,040
Speaker 1: things that you buy natural, if you if you want

805
00:44:37,040 --> 00:44:38,560
Speaker 1: to go if you go to home depot by home

806
00:44:38,600 --> 00:44:40,560
Speaker 1: depot stock, you know, if you if you buy the

807
00:44:40,600 --> 00:44:42,839
Speaker 1: Apple phone? Is an Apple bio? You want to buy stock?

808
00:44:42,920 --> 00:44:45,759
Speaker 1: Buy the Apple phone? That people say commonality, is that

809
00:44:45,800 --> 00:44:50,640
Speaker 1: how you got into the brewery business. Yes, and because

810
00:44:51,160 --> 00:44:53,319
Speaker 1: you know, you could find your rhythm and life in

811
00:44:53,360 --> 00:44:56,400
Speaker 1: more ways of one. And if something is working for

812
00:44:56,600 --> 00:44:59,480
Speaker 1: you and you you jump into something else, that that's

813
00:44:59,520 --> 00:45:03,640
Speaker 1: a past in. Um. Then it's like I always tell people,

814
00:45:03,680 --> 00:45:06,319
Speaker 1: you know, just go for it. And being like if

815
00:45:06,320 --> 00:45:11,520
Speaker 1: they always say that serial entrepreneur, I always say, when

816
00:45:11,520 --> 00:45:13,319
Speaker 1: we tell you exactly how I got into the beer,

817
00:45:13,400 --> 00:45:15,440
Speaker 1: let me just keep it very very very real with you.

818
00:45:16,880 --> 00:45:22,360
Speaker 1: My grandmother's god Rescressals were both longer drinkers. Um. I

819
00:45:22,400 --> 00:45:24,440
Speaker 1: don't know if you remember the ponies of Miller High

820
00:45:24,480 --> 00:45:28,000
Speaker 1: Life right back in the day. So it's a big

821
00:45:28,080 --> 00:45:32,319
Speaker 1: As a kid, um, my favorite place, uh was you know,

822
00:45:32,600 --> 00:45:34,120
Speaker 1: to dance around because I you know, I was like, oh,

823
00:45:34,200 --> 00:45:36,200
Speaker 1: I think I'm grown. But you know, as a as

824
00:45:36,239 --> 00:45:38,279
Speaker 1: a child, I saw my grandmother was drinking out of

825
00:45:38,320 --> 00:45:41,879
Speaker 1: these bottles, these little bottles, and when I became with age,

826
00:45:41,880 --> 00:45:45,200
Speaker 1: they will let me sip and it was beer. And

827
00:45:45,239 --> 00:45:48,400
Speaker 1: so I leave with the girl always who without you know,

828
00:45:48,560 --> 00:45:52,360
Speaker 1: people are in like wine and like martinis, and I'm like, no,

829
00:45:52,480 --> 00:45:56,480
Speaker 1: I'll take a beer. And so my palent for beer grew.

830
00:45:57,680 --> 00:46:01,000
Speaker 1: And because it's in the DNA with my grandmother's I'm like,

831
00:46:01,040 --> 00:46:04,160
Speaker 1: I came from a lineage of beer drinking women. I

832
00:46:04,160 --> 00:46:06,640
Speaker 1: will tell you when I was we were in Cape

833
00:46:06,640 --> 00:46:08,600
Speaker 1: Cod one year at a beer festival, and I noticed

834
00:46:08,680 --> 00:46:10,960
Speaker 1: two things. There were not a lot of women. But

835
00:46:11,040 --> 00:46:12,840
Speaker 1: then more importantly, I've noticed that there were not a

836
00:46:12,840 --> 00:46:15,600
Speaker 1: lot of black people or people of color at this

837
00:46:15,719 --> 00:46:18,120
Speaker 1: beer festival. And I mean I didn't expect a lot.

838
00:46:18,200 --> 00:46:20,160
Speaker 1: I was in Cape Cod, so I'm like, okay, you know,

839
00:46:20,600 --> 00:46:24,000
Speaker 1: I know, there's not a whole bunch of you know,

840
00:46:23,800 --> 00:46:32,000
Speaker 1: you know, you know exactly. I'm like, okay, I get

841
00:46:32,000 --> 00:46:34,759
Speaker 1: I get it. But then I was drinking the beer

842
00:46:34,760 --> 00:46:37,960
Speaker 1: and I'm like, nothing reminded me of my grandmother's. Dustin

843
00:46:38,040 --> 00:46:42,400
Speaker 1: reminded me of normal regular beer that I grew up drinking.

844
00:46:42,440 --> 00:46:47,040
Speaker 1: Still with that said, on the way home, I'm in deep, deep,

845
00:46:47,080 --> 00:46:50,000
Speaker 1: deep thought, and my husband said, what why are you

846
00:46:50,120 --> 00:46:53,200
Speaker 1: so quiet? He's like, my did I do something? And

847
00:46:53,360 --> 00:46:56,120
Speaker 1: I said no, I said, but thank you for bringing

848
00:46:56,160 --> 00:46:57,880
Speaker 1: me to this beer festival. Because I looked at him,

849
00:46:57,920 --> 00:46:59,520
Speaker 1: and I said, I'm going to make my own beer.

850
00:47:00,320 --> 00:47:03,360
Speaker 1: And the wheel started spinning, and the wheel started turning.

851
00:47:03,360 --> 00:47:06,040
Speaker 1: And I will tell you when I started researching the

852
00:47:06,200 --> 00:47:10,160
Speaker 1: industry and it found out that this was a hundred

853
00:47:10,160 --> 00:47:14,200
Speaker 1: and fourteen billion dollar industry and people of color and

854
00:47:14,280 --> 00:47:17,239
Speaker 1: women were getting less than point zero zero zero zero

855
00:47:17,360 --> 00:47:22,120
Speaker 1: zero five. And we're trying. I probably left out at zero.

856
00:47:21,280 --> 00:47:26,320
Speaker 1: You left out some SuDS on that beer too, mccardo.

857
00:47:26,480 --> 00:47:28,360
Speaker 1: We're gonna be right back with hear more of this

858
00:47:28,480 --> 00:47:30,520
Speaker 1: story of if you want to talk to her, uh

859
00:47:30,600 --> 00:47:32,520
Speaker 1: little also talk a little biter talk, a little lack

860
00:47:32,520 --> 00:47:37,600
Speaker 1: our talk for zero four eight zero zero four eight

861
00:47:37,719 --> 00:47:40,879
Speaker 1: zero nine, Please come back and join us money making

862
00:47:40,920 --> 00:47:44,640
Speaker 1: conversation and speaking to the CEO, founder of Brewmaster Rhythm

863
00:47:44,640 --> 00:47:53,080
Speaker 1: Brewing Company based in Connecticut. What grows in the forest trees?

864
00:47:53,560 --> 00:47:56,920
Speaker 1: Sure you know what else grows in the forest, our imagination,

865
00:47:57,239 --> 00:48:00,680
Speaker 1: a sense of one day and our family bonds too,

866
00:48:00,760 --> 00:48:05,839
Speaker 1: because when we disconnect from this and connect with this,

867
00:48:07,160 --> 00:48:10,640
Speaker 1: we reconnect with each other. The forest is closer than

868
00:48:10,680 --> 00:48:14,080
Speaker 1: you think. Find a forest near you and start exploring.

869
00:48:14,200 --> 00:48:16,759
Speaker 1: I Discover the Forest dot Org brought to you by

870
00:48:16,760 --> 00:48:20,960
Speaker 1: the United States Forest Service and the AD Council. If

871
00:48:21,000 --> 00:48:23,400
Speaker 1: I could be you and you could be me for

872
00:48:23,560 --> 00:48:25,960
Speaker 1: just one hour, if you could find a way to

873
00:48:26,000 --> 00:48:30,160
Speaker 1: get inside each other's mind, walk a mile in my shoes,

874
00:48:30,440 --> 00:48:35,560
Speaker 1: Waco mile in my shoes, shoes. We've all felt left out,

875
00:48:35,920 --> 00:48:38,800
Speaker 1: and for some that feeling lasts more than a moment.

876
00:48:39,280 --> 00:48:42,279
Speaker 1: We can change that. Learn how it Belonging begins with

877
00:48:42,400 --> 00:48:44,880
Speaker 1: us dot org, brought to you by the AD Council.

878
00:48:46,000 --> 00:48:52,239
Speaker 1: Welcome out in the machines. Hi everyone, I'll roker here

879
00:48:52,320 --> 00:48:54,960
Speaker 1: as a guy with his own catchphrase. I appreciate that

880
00:48:55,000 --> 00:48:59,080
Speaker 1: Smokey's only said only you can prevent wildfires, but I'm

881
00:48:59,120 --> 00:49:01,960
Speaker 1: filling it because there's a lot more to report, like

882
00:49:02,000 --> 00:49:05,160
Speaker 1: when they're parched her windy conditions out there. You gotta

883
00:49:05,200 --> 00:49:09,000
Speaker 1: be extra careful with things like burning yard waist. After all,

884
00:49:09,120 --> 00:49:12,640
Speaker 1: wildfires can start anywhere, even in your neck of the woods.

885
00:49:12,920 --> 00:49:15,520
Speaker 1: Go to Smokey Bear dot com to learn more about

886
00:49:15,560 --> 00:49:18,440
Speaker 1: wildfire prevention. Brought to you by the U. S. Forest Service,

887
00:49:18,600 --> 00:49:22,320
Speaker 1: your State Forrester, and the AD Council. Now let's return

888
00:49:22,360 --> 00:49:26,000
Speaker 1: to money making conversations. Live with HERU Sean McDonald. If

889
00:49:26,040 --> 00:49:30,400
Speaker 1: you have questions or comments, called four zero four eight zero.

890
00:49:32,160 --> 00:49:35,760
Speaker 1: That's right, zero four eight eight zero five. I'm talking

891
00:49:35,760 --> 00:49:39,640
Speaker 1: to Alisa Bowen's Macado. She's de found the CEO and

892
00:49:39,680 --> 00:49:42,440
Speaker 1: brewmasters of brew Master Rhythm. Now every time I say

893
00:49:42,440 --> 00:49:44,719
Speaker 1: they always wanted to say brew master to to the

894
00:49:44,719 --> 00:49:47,319
Speaker 1: CEO Paul really is the title of the business, brew

895
00:49:47,400 --> 00:49:51,840
Speaker 1: Master Rhythm Brewing Company. And she's affectionately known as Lady Lagger.

896
00:49:52,000 --> 00:49:55,239
Speaker 1: You know, I will tell you this, Makato. You know

897
00:49:55,400 --> 00:49:57,799
Speaker 1: my dad, he wasn't a lagger drinker. He was a

898
00:49:57,800 --> 00:50:02,120
Speaker 1: beer drinker. He was a beer rinker. You know, it's Paps,

899
00:50:02,600 --> 00:50:08,800
Speaker 1: Paps blue ribbon beer. My dad. He's smoked unfiltered camel

900
00:50:08,920 --> 00:50:12,880
Speaker 1: cigarette and he was a hardcore. He was hardcore in

901
00:50:12,920 --> 00:50:15,080
Speaker 1: a six pack. He was sit on the front porch

902
00:50:15,400 --> 00:50:17,120
Speaker 1: and wait till the sun go down, and he did

903
00:50:17,160 --> 00:50:20,279
Speaker 1: his things. So what is the difference between that nice

904
00:50:20,360 --> 00:50:25,360
Speaker 1: word lagger and beer, al is there a difference? So

905
00:50:25,560 --> 00:50:29,200
Speaker 1: a lagger is a type of beer, It's a style

906
00:50:29,840 --> 00:50:33,680
Speaker 1: a beer. So yes, so a lagger would be considered

907
00:50:33,719 --> 00:50:37,080
Speaker 1: a PBR with your dad, you know what he would drink.

908
00:50:37,239 --> 00:50:42,040
Speaker 1: And you know all these big box brands, okay, you

909
00:50:40,760 --> 00:50:44,280
Speaker 1: know those are those are the those are the laggers.

910
00:50:44,280 --> 00:50:46,759
Speaker 1: So it's a style of beer. The earlier styles of

911
00:50:46,840 --> 00:50:53,239
Speaker 1: beer were pisners, very late beer. It's easy drinking, it's refreshing,

912
00:50:53,280 --> 00:50:57,320
Speaker 1: it goes down well, and so it's just another form

913
00:50:57,440 --> 00:51:02,279
Speaker 1: or style of beer that is brood. Okay, now let's now,

914
00:51:02,360 --> 00:51:04,480
Speaker 1: let's talk about this. This will always gets interesting when

915
00:51:04,480 --> 00:51:07,360
Speaker 1: I when people do businesses or open business, I have

916
00:51:07,440 --> 00:51:10,480
Speaker 1: no concept of what they're doing. I'm talking about me personally,

917
00:51:11,000 --> 00:51:13,160
Speaker 1: because you can sit around, like you said, you're driving

918
00:51:13,160 --> 00:51:15,480
Speaker 1: with your husband, I'm gonna do it. I'm gonna How

919
00:51:15,520 --> 00:51:18,000
Speaker 1: do you start? How do you start with the concept

920
00:51:18,440 --> 00:51:22,520
Speaker 1: of getting in this business with an idea? Just because

921
00:51:22,560 --> 00:51:25,560
Speaker 1: of the fact that you know both your grandmother's they

922
00:51:25,719 --> 00:51:28,640
Speaker 1: ordered beer, and it was part of your culture of

923
00:51:28,800 --> 00:51:30,719
Speaker 1: not saying culture from sand point, if you were used

924
00:51:30,719 --> 00:51:33,400
Speaker 1: to it, it it was very familiar beer instead of wine.

925
00:51:33,520 --> 00:51:36,200
Speaker 1: You know, how did that? How that? How did that

926
00:51:36,280 --> 00:51:41,399
Speaker 1: give us? Everybody? Oh, who's listening? How did you get started? Yes,

927
00:51:41,680 --> 00:51:47,640
Speaker 1: entrepreneurship starts with dedication and research. So it's two words.

928
00:51:47,920 --> 00:51:51,799
Speaker 1: You have to be dedicated to whatever you're jumping in,

929
00:51:51,960 --> 00:51:54,600
Speaker 1: but make it a mission and find out as much

930
00:51:54,880 --> 00:51:58,759
Speaker 1: possible about that industry that you are jumping into. You

931
00:51:58,760 --> 00:52:02,200
Speaker 1: don't want to into like a firefighter would never you know,

932
00:52:03,120 --> 00:52:06,600
Speaker 1: rush into a building without having the proper equipment or

933
00:52:06,600 --> 00:52:10,040
Speaker 1: the mask or the oxygen wherever you do. Make sure

934
00:52:10,160 --> 00:52:13,359
Speaker 1: you're diving into that industry and making sure you know

935
00:52:14,080 --> 00:52:17,200
Speaker 1: everything about what you're diving into. That's what was my

936
00:52:18,120 --> 00:52:22,279
Speaker 1: that was what what drove me to really start researching

937
00:52:22,280 --> 00:52:26,000
Speaker 1: it more. But then when I got into the economics

938
00:52:26,080 --> 00:52:32,440
Speaker 1: of it, and I said that, folks, we drink a

939
00:52:32,560 --> 00:52:35,960
Speaker 1: lot of we consume stuff. We we we can can

940
00:52:36,160 --> 00:52:38,960
Speaker 1: trillions of dollars worth of stuff, and we wear trillions

941
00:52:39,000 --> 00:52:42,560
Speaker 1: of dollars worth of stuff, whether it's UH boots or

942
00:52:42,560 --> 00:52:45,640
Speaker 1: speakers or whatever. You here are we we just we

943
00:52:45,920 --> 00:52:50,799
Speaker 1: really contribute to the economy of this country. But what

944
00:52:50,840 --> 00:52:55,120
Speaker 1: do what do we own? So when I researched that

945
00:52:55,280 --> 00:52:58,839
Speaker 1: I could be punt with position where I can employ

946
00:52:59,080 --> 00:53:04,080
Speaker 1: people of color and I can get some economic empowerment

947
00:53:04,200 --> 00:53:10,080
Speaker 1: behind this mission, it all just made sense. But research, dedication,

948
00:53:10,840 --> 00:53:13,720
Speaker 1: and just know what you're the make it a bigger,

949
00:53:13,800 --> 00:53:16,719
Speaker 1: make it make it a mission of where you're moving

950
00:53:17,200 --> 00:53:20,839
Speaker 1: in these industries. I literally I want to see our

951
00:53:20,920 --> 00:53:24,279
Speaker 1: beer on the shelves next to all these other big

952
00:53:24,360 --> 00:53:28,080
Speaker 1: name brands. I know that we we consume. So if

953
00:53:28,080 --> 00:53:31,560
Speaker 1: we consume something that we we we could start taking

954
00:53:31,600 --> 00:53:37,480
Speaker 1: ownership of it. And that's where the entrepreneurial spirit drives. Um,

955
00:53:38,120 --> 00:53:40,600
Speaker 1: what most of us are doing these days, and you

956
00:53:40,640 --> 00:53:44,440
Speaker 1: mentioned something very important. Women are on the I mean

957
00:53:44,520 --> 00:53:49,759
Speaker 1: we're in the forefront of small businesses popping up all over.

958
00:53:49,840 --> 00:53:53,960
Speaker 1: We're taking control, we're taking back our We're moving into industries.

959
00:53:54,040 --> 00:53:56,560
Speaker 1: I don't know one of the don't a white, male

960
00:53:56,600 --> 00:54:00,440
Speaker 1: dominated industry, but this this male dominated in history. I

961
00:54:00,440 --> 00:54:04,799
Speaker 1: will tell you. It's doing billions, not billions, billions of

962
00:54:04,840 --> 00:54:09,480
Speaker 1: dollars annually. And the revenue that we're receiving, Uh, it's

963
00:54:09,520 --> 00:54:11,719
Speaker 1: just it didn't make any sense to me. So what

964
00:54:11,840 --> 00:54:16,040
Speaker 1: that said. After researching the beer industry, UM and playing

965
00:54:16,120 --> 00:54:18,600
Speaker 1: homage to my grant, both of my grandmother's got rest

966
00:54:18,640 --> 00:54:23,200
Speaker 1: their souls. I knew that this was a journey that

967
00:54:23,239 --> 00:54:26,800
Speaker 1: I was going to go on. So, okay, the the idea,

968
00:54:26,880 --> 00:54:29,200
Speaker 1: it all starts with an idea and then but you

969
00:54:29,320 --> 00:54:33,000
Speaker 1: also have people around you that questioned the idea, like

970
00:54:33,360 --> 00:54:35,799
Speaker 1: because they because you know, every average person first of all,

971
00:54:36,120 --> 00:54:38,160
Speaker 1: you know, every person deals on eight to five. So

972
00:54:38,200 --> 00:54:40,480
Speaker 1: they know when you say you're getting the job at

973
00:54:40,520 --> 00:54:42,880
Speaker 1: a post office, or you're working at a bank, or

974
00:54:43,320 --> 00:54:46,960
Speaker 1: you're driving the uber, they can rationalize that because they

975
00:54:46,960 --> 00:54:49,600
Speaker 1: can now when you're talking about you, you know, I

976
00:54:49,719 --> 00:54:53,239
Speaker 1: almost on our own beer company. Okay, how did that

977
00:54:53,320 --> 00:54:57,040
Speaker 1: translate to the people around you? People are you're gonna

978
00:54:57,040 --> 00:55:02,200
Speaker 1: do what? And then like black people drink this? Then

979
00:55:02,200 --> 00:55:05,759
Speaker 1: it then it goes into we don't own businesses like that.

980
00:55:05,880 --> 00:55:08,480
Speaker 1: I said, we were about to own a business that

981
00:55:08,480 --> 00:55:11,360
Speaker 1: that's like this, I said, because they call you know what,

982
00:55:11,440 --> 00:55:13,640
Speaker 1: it's so funny. They call us a black ball wiser

983
00:55:14,200 --> 00:55:17,160
Speaker 1: right where the black they're like, you're gonna be the

984
00:55:17,160 --> 00:55:19,439
Speaker 1: black ball wiser there. They were just like because you're

985
00:55:19,440 --> 00:55:25,520
Speaker 1: on a mission. But you're, yeah, we we do. We

986
00:55:25,520 --> 00:55:27,759
Speaker 1: we we know, we absolutely do. But that was the

987
00:55:27,840 --> 00:55:34,000
Speaker 1: misconception that we that we we didn't. So, um, you know,

988
00:55:34,160 --> 00:55:36,040
Speaker 1: the black and brown people black and this is a

989
00:55:36,080 --> 00:55:40,520
Speaker 1: black and brown thing, you know, Hineking coronas. So it's

990
00:55:40,560 --> 00:55:43,240
Speaker 1: one of those things where we have to break that stereotype.

991
00:55:43,800 --> 00:55:47,000
Speaker 1: Really and you're you're telling the truth because we consume

992
00:55:47,400 --> 00:55:52,640
Speaker 1: the aspect of being the person who distributes are are

993
00:55:52,640 --> 00:55:56,040
Speaker 1: our producers? We can't fathom that that's that's the cycle

994
00:55:56,160 --> 00:55:59,120
Speaker 1: that as an entrepreneur that we're starting to break and

995
00:55:59,160 --> 00:56:01,920
Speaker 1: it's being led by women. Why do you feel women

996
00:56:02,120 --> 00:56:07,480
Speaker 1: are leading the charge in entrepreneurship, especially African American women,

997
00:56:07,520 --> 00:56:10,000
Speaker 1: Because that's a fact. It's not something I'm making up.

998
00:56:10,040 --> 00:56:12,759
Speaker 1: It's not something just complimenting you about. That is a

999
00:56:12,920 --> 00:56:17,120
Speaker 1: fact that African American women breaking down the doors as

1000
00:56:17,640 --> 00:56:22,960
Speaker 1: the fastest growing CEOs in corporate America, fastest growing entrepreneurs

1001
00:56:22,960 --> 00:56:26,200
Speaker 1: in the business world. What is that? Because you're one

1002
00:56:26,239 --> 00:56:28,480
Speaker 1: of them? What is what is pushing you? Are driving

1003
00:56:28,480 --> 00:56:33,240
Speaker 1: you in that positive place? You know what? It's creativity.

1004
00:56:33,640 --> 00:56:37,160
Speaker 1: I'm gonna tell you it's it's it's creativity. It's about

1005
00:56:37,200 --> 00:56:40,879
Speaker 1: making that it's it's accountability. See I think, um, when

1006
00:56:40,840 --> 00:56:45,720
Speaker 1: you talk to uh black women, it's about the accountability aspect.

1007
00:56:46,320 --> 00:56:49,640
Speaker 1: It's about we have to make sure that we are

1008
00:56:49,800 --> 00:56:53,480
Speaker 1: in these industries to open up doors, still bigger seeds,

1009
00:56:53,520 --> 00:56:56,320
Speaker 1: still bigger tables. And that's what we that's what we

1010
00:56:57,000 --> 00:56:59,799
Speaker 1: that's always in the forefront of our brain. Um, and

1011
00:56:59,840 --> 00:57:03,000
Speaker 1: then especially in my mind and My my favorite quote

1012
00:57:03,080 --> 00:57:04,959
Speaker 1: is you know what, if you walk into a room

1013
00:57:05,000 --> 00:57:07,200
Speaker 1: and your you're the old one that looks like you

1014
00:57:07,360 --> 00:57:10,040
Speaker 1: in that room, then know that you're in the right

1015
00:57:10,200 --> 00:57:14,120
Speaker 1: room because that's where change happened. And if I think

1016
00:57:14,160 --> 00:57:17,760
Speaker 1: if we have a mindset like that, um, especially as

1017
00:57:17,840 --> 00:57:20,920
Speaker 1: women of color, um, we are all about you know

1018
00:57:20,960 --> 00:57:23,720
Speaker 1: how we do. We're all about making change and seeing

1019
00:57:23,760 --> 00:57:28,120
Speaker 1: how we can build and grow and bring everyone along.

1020
00:57:28,600 --> 00:57:31,280
Speaker 1: You know where that's like, hey, listen, we weren't we

1021
00:57:31,320 --> 00:57:33,760
Speaker 1: want to growing beer before. You know, we were always

1022
00:57:33,800 --> 00:57:37,000
Speaker 1: actually growing beer, but we were just never recognized for it.

1023
00:57:37,320 --> 00:57:39,760
Speaker 1: So now we've got to break down those doors and

1024
00:57:39,760 --> 00:57:42,919
Speaker 1: and buckt open those glass feelings. So that's my mode

1025
00:57:42,960 --> 00:57:47,000
Speaker 1: that really, honestly is my motivation and national distribution. I

1026
00:57:47,040 --> 00:57:50,080
Speaker 1: want to walk into Atlanta. I'm in Connecticut and my

1027
00:57:50,160 --> 00:57:52,959
Speaker 1: beer is distributed in Connecticut, but I want to walk

1028
00:57:53,040 --> 00:57:55,520
Speaker 1: into I want to come and visit your show, but

1029
00:57:55,560 --> 00:57:58,480
Speaker 1: I want to walk down the street literally into the

1030
00:57:58,600 --> 00:58:02,720
Speaker 1: to the the more whole packaged store, whole Foods, It's

1031
00:58:02,800 --> 00:58:07,320
Speaker 1: Proud Publics, or in in these great stores that African

1032
00:58:07,360 --> 00:58:10,000
Speaker 1: American people go in and get products and see your

1033
00:58:10,040 --> 00:58:14,360
Speaker 1: product on the show absolutely and shop every single day

1034
00:58:14,640 --> 00:58:19,480
Speaker 1: and be able to purchase the product. And I mean

1035
00:58:19,560 --> 00:58:21,400
Speaker 1: I would say we are in Whole Foods where in

1036
00:58:21,400 --> 00:58:24,400
Speaker 1: Trader DROs were, in Shop Light, where Big White were,

1037
00:58:24,560 --> 00:58:27,720
Speaker 1: they're here in Connecticut that we're grateful and we're we're

1038
00:58:27,880 --> 00:58:31,400
Speaker 1: happy and we're proudate that has happened in the three

1039
00:58:31,480 --> 00:58:34,840
Speaker 1: years that we've been in business and been growing. But

1040
00:58:35,000 --> 00:58:38,120
Speaker 1: there's a bigger picture. There's a diet, there's a demographic

1041
00:58:38,160 --> 00:58:42,480
Speaker 1: around the country that wants more brands that look like us.

1042
00:58:43,000 --> 00:58:45,480
Speaker 1: That and it's really important. Did you say that? Because

1043
00:58:45,840 --> 00:58:49,120
Speaker 1: when we look at commercials and see the diversity and commercials,

1044
00:58:49,160 --> 00:58:51,479
Speaker 1: it's really you know, there's nothing to see a black

1045
00:58:51,560 --> 00:58:55,080
Speaker 1: white couple in the same bed in the commercial eating

1046
00:58:55,080 --> 00:58:59,440
Speaker 1: food as a commercial showing love for each other commercial.

1047
00:58:59,720 --> 00:59:02,120
Speaker 1: And that's same diversity is coming into the business world.

1048
00:59:02,160 --> 00:59:04,480
Speaker 1: And when I think about I always talking with the

1049
00:59:04,480 --> 00:59:06,760
Speaker 1: show're talking about leave with your gifts or your purpose

1050
00:59:06,800 --> 00:59:08,760
Speaker 1: and you talk about that to your entrepreneur, you talk

1051
00:59:08,760 --> 00:59:11,919
Speaker 1: about your entrepreneurial gift, talk about that as we wrap

1052
00:59:11,960 --> 00:59:14,120
Speaker 1: up the show, what does that mean and why should

1053
00:59:14,160 --> 00:59:17,200
Speaker 1: people should value that more than anything that they have

1054
00:59:17,280 --> 00:59:19,200
Speaker 1: out there? And maybe they would lead them into the

1055
00:59:19,240 --> 00:59:22,960
Speaker 1: direction that you have. You're going male or female entrepreneurship.

1056
00:59:23,120 --> 00:59:28,560
Speaker 1: Right your your entrepreneurial gifts um will change the world.

1057
00:59:29,200 --> 00:59:32,920
Speaker 1: And that that sounds really big and strong, and it is,

1058
00:59:33,080 --> 00:59:36,840
Speaker 1: but but if you simplify it, it's telling you that

1059
00:59:37,040 --> 00:59:41,440
Speaker 1: there is there's something that is out there that is missing.

1060
00:59:42,000 --> 00:59:43,760
Speaker 1: But it's going to be for the bigger and better

1061
00:59:43,800 --> 00:59:48,840
Speaker 1: whole of America and for the country because that's that's

1062
00:59:48,840 --> 00:59:51,280
Speaker 1: that's where it has to go. So when you take

1063
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Speaker 1: jumping in this to this entrepreneurial like you know, journey,

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Speaker 1: with your mission and always know that there is layers

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Speaker 1: to entrepreneurship. So when you have a gift and you

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Speaker 1: Because you're out how you're going to make change. But

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Speaker 1: do that, you you're on the road to success. Ms.

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Speaker 1: Ms Picardo. Um, when you come down here, you know

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Speaker 1: you for coming on Money Making Conversation because you're fantastic,

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Speaker 1: Thank you for coming on Money Making Conversation. Appreciate you,

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Speaker 1: thank you, thank you, thank you for joining us for

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Speaker 1: this edition of Money Making Conversations Live on w c

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Speaker 1: l K. Money Making Conversations Live with rus Sean McDonald

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