1 00:00:00,080 --> 00:00:04,160 Speaker 1: So you're you're an engineer my training, and you you 2 00:00:04,600 --> 00:00:07,680 Speaker 1: worked for the railroad company, right, right? Can you explain that, 3 00:00:07,720 --> 00:00:09,280 Speaker 1: like what you actually did, because that what you did 4 00:00:09,320 --> 00:00:10,319 Speaker 1: that for twelve years? Right? 5 00:00:10,520 --> 00:00:10,879 Speaker 2: Yeah? 6 00:00:11,400 --> 00:00:13,560 Speaker 3: So I started while I was in college, like working 7 00:00:13,560 --> 00:00:16,720 Speaker 3: for in part time. But what I did was so 8 00:00:17,640 --> 00:00:23,000 Speaker 3: design rail terminals. I mean it's pretty it was pretty 9 00:00:23,040 --> 00:00:26,400 Speaker 3: simple as far as engineering, because you're not building buildings 10 00:00:26,440 --> 00:00:28,760 Speaker 3: and everything. But it was just a lot of work 11 00:00:28,800 --> 00:00:31,920 Speaker 3: that was needed to like when after a derailment, you know, 12 00:00:32,040 --> 00:00:34,199 Speaker 3: realigning the track, making sure that the trains can run 13 00:00:34,200 --> 00:00:36,640 Speaker 3: because they they running a high velocity on these two 14 00:00:36,720 --> 00:00:39,239 Speaker 3: little bitty rails and you got hundreds of thousands of 15 00:00:39,280 --> 00:00:42,320 Speaker 3: tons moving at sixty seventy miles an hour, so you 16 00:00:42,360 --> 00:00:44,479 Speaker 3: had to make sure that everything was designed, the curvature 17 00:00:44,560 --> 00:00:45,360 Speaker 3: was right, and all that kind of. 18 00:00:45,360 --> 00:00:46,839 Speaker 2: Sf And where were you doing this at? 19 00:00:47,280 --> 00:00:50,120 Speaker 4: So I started off working for ce In Railroad. 20 00:00:50,440 --> 00:00:54,360 Speaker 3: So I was covering between Chicago and ben Ruge, Louisiana. 21 00:00:54,440 --> 00:00:57,960 Speaker 5: Wow, because we seen in you know the past few months, 22 00:00:57,960 --> 00:01:01,080 Speaker 5: these railroad systems, the subwatses especial you know where we're from, 23 00:01:01,160 --> 00:01:02,240 Speaker 5: that are completely outdated. 24 00:01:02,240 --> 00:01:03,880 Speaker 2: They're running on systems that are from like. 25 00:01:04,040 --> 00:01:07,240 Speaker 5: Nineteen ten, right, and we're like, how is this even possible? 26 00:01:07,319 --> 00:01:10,200 Speaker 3: Yeah, technology has not changed, and they just they do 27 00:01:10,280 --> 00:01:12,760 Speaker 3: the minimum maintenance to keep it up. So I was 28 00:01:12,800 --> 00:01:15,440 Speaker 3: on like the freight side, so it wasn't any passenger rail. 29 00:01:15,959 --> 00:01:17,200 Speaker 3: So a lot of it's behind the scenes. You know 30 00:01:17,240 --> 00:01:18,760 Speaker 3: that they didn't get a lot of exposure unless that's 31 00:01:18,760 --> 00:01:19,800 Speaker 3: a big derailment somewhere. 32 00:01:19,920 --> 00:01:23,880 Speaker 2: Yeah, So merchandise and product is moving through your. 33 00:01:23,840 --> 00:01:27,080 Speaker 3: Life right exactly, And like eighty percent of anything that 34 00:01:27,200 --> 00:01:29,160 Speaker 3: moves somewhere in the United States, if it comes in 35 00:01:29,200 --> 00:01:32,080 Speaker 3: on a cargo ship from China somewhere, it moves by 36 00:01:32,160 --> 00:01:34,080 Speaker 3: rail at some point in time. It only moves by 37 00:01:34,080 --> 00:01:35,720 Speaker 3: truck when it gets closer to its destination. 38 00:01:35,800 --> 00:01:37,800 Speaker 1: Yeah, don't think people realize how big of a business 39 00:01:38,480 --> 00:01:41,800 Speaker 1: trains are because the vast majority of the country probably don't. 40 00:01:42,319 --> 00:01:44,479 Speaker 1: They don't ride trains like we're kind of because we're 41 00:01:44,480 --> 00:01:47,840 Speaker 1: from New York, so we're used to riding trains, subways 42 00:01:47,840 --> 00:01:51,920 Speaker 1: and trains. It's pretty normal. But most of America they 43 00:01:51,920 --> 00:01:54,520 Speaker 1: don't really ride trains like that anymore. So people might 44 00:01:54,560 --> 00:01:58,120 Speaker 1: not fully understand that trains is a big business and 45 00:01:58,160 --> 00:01:59,440 Speaker 1: even if you don't ride it, like you said, a 46 00:01:59,440 --> 00:02:00,920 Speaker 1: lot of cargo ros. 47 00:02:01,040 --> 00:02:01,320 Speaker 2: Yeah. 48 00:02:01,360 --> 00:02:03,480 Speaker 3: And what people don't realize is that the railroad is 49 00:02:03,520 --> 00:02:06,800 Speaker 3: basically what helped build the West. Like when everybody went 50 00:02:06,800 --> 00:02:08,920 Speaker 3: from the East coast to West coast, everything was moving. 51 00:02:08,720 --> 00:02:09,160 Speaker 2: By a rail. 52 00:02:09,200 --> 00:02:12,280 Speaker 3: It was small trains, great expansion, right, yeah, the great expansion. Yeah, 53 00:02:12,280 --> 00:02:14,520 Speaker 3: everything was done by rail And people always wondered why 54 00:02:14,560 --> 00:02:16,760 Speaker 3: the railroads in the hood that wasn't always the hood. 55 00:02:16,800 --> 00:02:18,799 Speaker 3: That's what the first area that was settled in every 56 00:02:18,840 --> 00:02:21,440 Speaker 3: small town because you had to bring everything in by 57 00:02:21,440 --> 00:02:24,360 Speaker 3: a rail to set up, you know, the infrastructure, build 58 00:02:24,360 --> 00:02:26,240 Speaker 3: a city hall, to build small buildings. 59 00:02:26,240 --> 00:02:27,200 Speaker 4: Everything came in by rail. 60 00:02:27,440 --> 00:02:31,800 Speaker 5: So one of your job t not titles, but responsibilities 61 00:02:31,800 --> 00:02:34,560 Speaker 5: is designed Are you designing the actual tracks? 62 00:02:34,600 --> 00:02:35,720 Speaker 2: Like what what does that mean? 63 00:02:35,960 --> 00:02:37,519 Speaker 4: Yeah? Designing actual tracks? 64 00:02:37,560 --> 00:02:37,840 Speaker 2: You are? 65 00:02:38,120 --> 00:02:39,959 Speaker 4: Yeah, Oh well, I mean that's what I did. 66 00:02:40,280 --> 00:02:40,440 Speaker 2: Now. 67 00:02:40,480 --> 00:02:41,280 Speaker 4: I did that for. 68 00:02:41,200 --> 00:02:43,360 Speaker 3: The first four years I worked for the railroad. But 69 00:02:43,400 --> 00:02:44,960 Speaker 3: like I said, I wanted to get out of engineering. 70 00:02:45,400 --> 00:02:48,640 Speaker 3: So and once I started getting into reading the real 71 00:02:48,720 --> 00:02:50,960 Speaker 3: estate and entrepreneurship stuff, I realized I needed to learn 72 00:02:50,960 --> 00:02:53,480 Speaker 3: more about business. So I kind of took that opportunity 73 00:02:53,639 --> 00:02:54,120 Speaker 3: while I had. 74 00:02:54,000 --> 00:02:54,920 Speaker 1: The corporate. 75 00:02:56,480 --> 00:02:59,320 Speaker 3: Blanket over me to try to get into other departments. 76 00:02:59,520 --> 00:03:01,600 Speaker 3: So I went to the operation. So I ran freight. 77 00:03:01,480 --> 00:03:03,280 Speaker 4: Terminals for like four years. 78 00:03:03,680 --> 00:03:05,520 Speaker 3: And that was crazy experience because I'm like twenty four 79 00:03:05,560 --> 00:03:08,799 Speaker 3: to twenty five mosion guys that's forty fifty twice as 80 00:03:08,840 --> 00:03:10,720 Speaker 3: much money as me. You know, the union guys make 81 00:03:10,720 --> 00:03:12,120 Speaker 3: over one hundred grand a year. I was making like 82 00:03:12,160 --> 00:03:15,280 Speaker 3: fifty sixty. So I learned a lot about managing people 83 00:03:15,800 --> 00:03:17,520 Speaker 3: that in that role. Then I got out of that 84 00:03:17,560 --> 00:03:20,040 Speaker 3: and I got into the marketing and sales side, and 85 00:03:20,120 --> 00:03:22,440 Speaker 3: I was lucky enough to get into industrial products, which 86 00:03:22,480 --> 00:03:25,160 Speaker 3: is chemicals and oil and gas stuff. So I'm sitting 87 00:03:25,200 --> 00:03:28,440 Speaker 3: in rooms with all these decision makers that Exxon, Chevron, 88 00:03:28,840 --> 00:03:32,160 Speaker 3: pill Up sixty six, these type companies, and yeah, man, 89 00:03:32,160 --> 00:03:33,520 Speaker 3: it's just open mye's to a whole different world. They 90 00:03:33,520 --> 00:03:35,920 Speaker 3: speak a different language. You learn a lot more about 91 00:03:35,920 --> 00:03:37,720 Speaker 3: the economy and infrastructure of everything. 92 00:03:37,760 --> 00:03:39,360 Speaker 1: And what's one of the things you learned when you 93 00:03:39,440 --> 00:03:40,640 Speaker 1: was working on that side of the fence. 94 00:03:41,120 --> 00:03:44,200 Speaker 3: Man, I just learned how money really works and how 95 00:03:44,200 --> 00:03:48,520 Speaker 3: people really make decisions. Because energy runs the country, you 96 00:03:48,560 --> 00:03:51,920 Speaker 3: know what I mean, Like without without coal, without oil, 97 00:03:51,960 --> 00:03:55,360 Speaker 3: Without gasoline, everything shuts down, and so they know that 98 00:03:55,360 --> 00:03:58,160 Speaker 3: they basically have monopoly on everything, you know, and the 99 00:03:58,240 --> 00:04:00,400 Speaker 3: profit margins are crazy in the what's. 100 00:04:00,320 --> 00:04:02,120 Speaker 1: The profit margins? 101 00:04:02,800 --> 00:04:04,600 Speaker 4: Three hundred percent on a lot of stuff? 102 00:04:04,760 --> 00:04:06,840 Speaker 1: Wow, on like gas and oil and stuff. Yeah, so 103 00:04:06,920 --> 00:04:09,840 Speaker 1: let me ask you this. Then, a lot of people 104 00:04:09,880 --> 00:04:13,120 Speaker 1: are saying that we should move away from that, going 105 00:04:13,160 --> 00:04:18,200 Speaker 1: to solar energy, wind energy, electric energy. You're you're an 106 00:04:18,279 --> 00:04:21,839 Speaker 1: engineer and you worked in the space. Hey, is that realistic? 107 00:04:21,839 --> 00:04:24,400 Speaker 1: And what's your thoughts on that? Like, as long term, 108 00:04:24,600 --> 00:04:26,640 Speaker 1: can we continue the way we're going now or do 109 00:04:26,720 --> 00:04:27,799 Speaker 1: we have to make a change. 110 00:04:28,400 --> 00:04:30,680 Speaker 3: I mean, eventually there will have to be a change 111 00:04:30,720 --> 00:04:33,559 Speaker 3: because there's a limited amount of fossil fuels out there, 112 00:04:33,720 --> 00:04:36,159 Speaker 3: so we're gonna have to find other energy sources that 113 00:04:36,160 --> 00:04:39,840 Speaker 3: we can use that are renewable. So it's definitely feasible, 114 00:04:39,839 --> 00:04:47,599 Speaker 3: it's definitely plausible, and like wind, sunlight, water, that stuff's 115 00:04:47,720 --> 00:04:49,719 Speaker 3: not gonna go away, So we're alway gonna have that. 116 00:04:49,960 --> 00:04:52,599 Speaker 3: But you just have these big institutions that are making 117 00:04:52,680 --> 00:04:56,480 Speaker 3: so much money off of the fossil fuel based energy 118 00:04:56,480 --> 00:04:58,640 Speaker 3: sector that they're not going to just give up their. 119 00:04:58,520 --> 00:05:00,480 Speaker 1: Position and they do a lot of lobby in Washington. 120 00:05:00,520 --> 00:05:01,680 Speaker 3: That's I was about to say, that's something that we 121 00:05:01,720 --> 00:05:04,240 Speaker 3: don't really understand, but that lobbying is powerful. That's why 122 00:05:04,240 --> 00:05:06,800 Speaker 3: all the legislation really happens. I don't care who you 123 00:05:06,880 --> 00:05:09,240 Speaker 3: vote for, it's somebody with money in the behind the 124 00:05:09,240 --> 00:05:11,760 Speaker 3: scenes in Washington taking them out to dinner, wining and 125 00:05:11,839 --> 00:05:13,400 Speaker 3: dinam and that's when the real decisions are made. 126 00:05:13,400 --> 00:05:14,880 Speaker 2: You got to make sure they keep their money. 127 00:05:15,000 --> 00:05:20,159 Speaker 1: I remember when Hillary Clinton was running for president versus Trump. 128 00:05:20,320 --> 00:05:23,240 Speaker 1: I think, yeah, so they were saying, I think Chase 129 00:05:24,360 --> 00:05:28,240 Speaker 1: Chase put like ten million into Hillary's campaign, but they 130 00:05:28,320 --> 00:05:31,120 Speaker 1: put nine million in Drumps campaign. So no matter who won, 131 00:05:31,200 --> 00:05:33,440 Speaker 1: they won, it doesn't matter. I mean, that's what people 132 00:05:33,480 --> 00:05:36,440 Speaker 1: don't fully understand either. It's like you're playing a political 133 00:05:36,480 --> 00:05:38,960 Speaker 1: game based off of emotion, but these people are playing 134 00:05:39,000 --> 00:05:40,680 Speaker 1: a political game based off a strategy. 135 00:05:40,880 --> 00:05:42,600 Speaker 2: It's two different things. Yeah, they're playing chess. 136 00:05:42,760 --> 00:05:45,760 Speaker 1: Yeah, they're gonna give money to Republicans, Democrats, and independence 137 00:05:45,760 --> 00:05:47,680 Speaker 1: because at the end of the day, they need what 138 00:05:47,720 --> 00:05:49,800 Speaker 1: they need done, and money talks. 139 00:05:49,520 --> 00:05:52,760 Speaker 5: And whoever whoever's the decision maker, either red or blue, 140 00:05:53,000 --> 00:05:54,000 Speaker 5: is gonna help them right. 141 00:05:54,120 --> 00:05:58,200 Speaker 1: Yeah, so you started a business the erail commerce. Can 142 00:05:58,240 --> 00:05:58,840 Speaker 1: you talk about that? 143 00:05:59,320 --> 00:06:03,320 Speaker 3: So basically something else I like to teach entrepreneurs, especially 144 00:06:03,360 --> 00:06:05,440 Speaker 3: the ones that's coming out of corporate world. Everybody feels 145 00:06:05,480 --> 00:06:08,279 Speaker 3: like I got to create something new, Like I got 146 00:06:08,279 --> 00:06:10,920 Speaker 3: to get into an industry that I see everybody else doing, right. 147 00:06:11,440 --> 00:06:13,320 Speaker 3: But what I realized is like, man, if this company 148 00:06:13,400 --> 00:06:14,839 Speaker 3: is paying me one hundred grand a year to do 149 00:06:14,880 --> 00:06:17,840 Speaker 3: this job, there has to be a smaller business out 150 00:06:17,880 --> 00:06:20,160 Speaker 3: there somewhere that needs these same services, need the same 151 00:06:20,200 --> 00:06:23,400 Speaker 3: skill set, and I can just go out and provide 152 00:06:23,440 --> 00:06:26,279 Speaker 3: the service for them, and instead of being their employee, 153 00:06:26,279 --> 00:06:29,200 Speaker 3: I become their consultant. So that's what Erael commerces. I 154 00:06:29,240 --> 00:06:30,880 Speaker 3: took all that experience I had, all those connections I 155 00:06:30,920 --> 00:06:32,640 Speaker 3: had with the railroad, all these oil and gas companies, 156 00:06:32,880 --> 00:06:36,200 Speaker 3: and I found all these smaller companies that need or 157 00:06:36,279 --> 00:06:38,359 Speaker 3: want to get a contract with an Exxon. 158 00:06:38,520 --> 00:06:40,880 Speaker 4: Because Exon has over ten thousand rail cars. 159 00:06:41,080 --> 00:06:42,880 Speaker 3: Everyone of elose cars has to be maintained, has to 160 00:06:42,920 --> 00:06:45,440 Speaker 3: be repainted, has to be cleaned, that has to be 161 00:06:45,480 --> 00:06:47,600 Speaker 3: maintenance done to them. They have to storm when they're 162 00:06:47,600 --> 00:06:49,640 Speaker 3: not using they got to park them somewhere. So what 163 00:06:49,680 --> 00:06:51,320 Speaker 3: I do is I help all those companies that provide 164 00:06:51,320 --> 00:06:54,360 Speaker 3: those services get in the door with exon, get the contract, 165 00:06:54,800 --> 00:06:56,360 Speaker 3: and then they perform all the work and I just 166 00:06:56,360 --> 00:06:57,640 Speaker 3: get commissions off of the deals. 167 00:06:58,480 --> 00:07:00,000 Speaker 1: So you get like the relationship, man. 168 00:07:00,240 --> 00:07:00,560 Speaker 2: I am. 169 00:07:00,800 --> 00:07:04,200 Speaker 3: I'm basically brokering, basically broker in and I have everything 170 00:07:04,240 --> 00:07:07,520 Speaker 3: set up with with my clients to where whatever contract 171 00:07:07,520 --> 00:07:09,080 Speaker 3: that helped them get I get paid. 172 00:07:09,800 --> 00:07:11,440 Speaker 2: So eraail is not the only. 173 00:07:12,840 --> 00:07:15,760 Speaker 5: Form of consultation that you're providing, right, Don't you have 174 00:07:15,760 --> 00:07:17,720 Speaker 5: a few other consultation things that you do well. 175 00:07:17,760 --> 00:07:19,680 Speaker 3: I mean, in general, I just try to help entrepreneurs 176 00:07:19,680 --> 00:07:21,680 Speaker 3: get started, you know, because I mean I was so 177 00:07:21,800 --> 00:07:23,280 Speaker 3: lost when I was trying to get out out of 178 00:07:23,320 --> 00:07:25,400 Speaker 3: the work world. I was like, man, nobody was really 179 00:07:25,400 --> 00:07:27,200 Speaker 3: here to guide me and teach me. So I use 180 00:07:27,080 --> 00:07:30,960 Speaker 3: my social media platform, and you know, I use that 181 00:07:31,200 --> 00:07:35,120 Speaker 3: network and that audience as as my way to give back, 182 00:07:35,160 --> 00:07:37,440 Speaker 3: you know. So anybody that has helped wants help with 183 00:07:37,480 --> 00:07:39,720 Speaker 3: it getting started entrepreneurship, I try to teach them the 184 00:07:39,720 --> 00:07:42,040 Speaker 3: basis the kind of stuff we're talking about now, you 185 00:07:42,080 --> 00:07:43,160 Speaker 3: know what I mean. I get them as far as 186 00:07:43,200 --> 00:07:45,160 Speaker 3: I can and then I try to network with someone 187 00:07:45,160 --> 00:07:46,400 Speaker 3: that's actually in their field. 188 00:07:46,600 --> 00:07:50,000 Speaker 5: And this episode is brought to you by P and 189 00:07:50,040 --> 00:07:53,119 Speaker 5: C Bank. A lot of people think podcasts about work 190 00:07:53,160 --> 00:07:57,080 Speaker 5: are boring, and sure they definitely can be, but understanding 191 00:07:57,080 --> 00:08:00,160 Speaker 5: of professionals routine shows us how they achieve their success 192 00:08:00,200 --> 00:08:04,320 Speaker 5: little by little, day after day. It's like banking with 193 00:08:04,360 --> 00:08:07,000 Speaker 5: P and C Bank. 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It's not just about payments, it's about 215 00:09:15,080 --> 00:09:17,560 Speaker 5: giving you time back so you can focus on what 216 00:09:17,679 --> 00:09:21,360 Speaker 5: matters most ready. To see how Square can transform your business, 217 00:09:21,600 --> 00:09:26,240 Speaker 5: visit Square dot com backslash go backslash eyl to learn 218 00:09:26,280 --> 00:09:31,480 Speaker 5: more that Square dot com backslash, go backslash eyl. Don't wait, 219 00:09:31,800 --> 00:09:34,599 Speaker 5: don't hesitate. Let's Square handle the back end so you 220 00:09:34,640 --> 00:09:36,280 Speaker 5: can keep pushing your vision forward. 221 00:09:38,800 --> 00:09:40,400 Speaker 4: Try to get them to get under that person. 222 00:09:41,040 --> 00:09:45,679 Speaker 5: So you're providing the mentorship by consulting, right, Okay, gotcha. 223 00:09:45,960 --> 00:09:48,040 Speaker 1: Consulting is something that we also haven't spoken about yet 224 00:09:48,040 --> 00:09:50,240 Speaker 1: in this podcast, but it's extremely important and it's a 225 00:09:50,360 --> 00:09:53,560 Speaker 1: very profitable business as well. Consultants. You have consultants in 226 00:09:53,559 --> 00:09:55,960 Speaker 1: school industry, you have consultants, and political industry you have 227 00:09:55,960 --> 00:09:58,360 Speaker 1: consultants and all kinds of stuff. Right, can you explain 228 00:09:58,440 --> 00:10:01,360 Speaker 1: the importance a lot of time, especially for small business owners. 229 00:10:01,360 --> 00:10:03,000 Speaker 1: This is the problem with small business owns us compare 230 00:10:03,040 --> 00:10:06,160 Speaker 1: the business big business. They have a small way of thinking. 231 00:10:06,600 --> 00:10:09,000 Speaker 1: They don't understand the power of consulting. They don't understand 232 00:10:09,000 --> 00:10:11,240 Speaker 1: the power of marketing. They don't understand They just want 233 00:10:11,280 --> 00:10:14,240 Speaker 1: to just do the work. It's like running on the tread, 234 00:10:14,320 --> 00:10:16,720 Speaker 1: but you can only get so far. Right. When you 235 00:10:16,760 --> 00:10:19,120 Speaker 1: get enough wind behind you, know, you can start to fly. 236 00:10:19,600 --> 00:10:23,080 Speaker 1: So when you're talking about the power of consulting, like 237 00:10:23,160 --> 00:10:27,600 Speaker 1: what can somebody get value out of a hiring the 238 00:10:27,679 --> 00:10:28,439 Speaker 1: right consultant. 239 00:10:28,840 --> 00:10:30,400 Speaker 4: So there's only two ways you're gonna learn. 240 00:10:30,520 --> 00:10:32,600 Speaker 3: You're either gonna bump your head and you're gonna lose 241 00:10:32,640 --> 00:10:35,160 Speaker 3: time and money, or you're gonna pay for the knowledge. 242 00:10:35,480 --> 00:10:35,800 Speaker 1: Period. 243 00:10:35,880 --> 00:10:38,920 Speaker 3: There's no other way you're gonna learn, right, So you 244 00:10:39,000 --> 00:10:41,240 Speaker 3: hire a consultant. A consultant that's someone that's an expert 245 00:10:41,280 --> 00:10:43,160 Speaker 3: in that field, that has already got experience doing what 246 00:10:43,200 --> 00:10:45,440 Speaker 3: you're trying to do. Or they can help you with 247 00:10:45,480 --> 00:10:48,200 Speaker 3: a particular area of the business that you can't fulfill. 248 00:10:48,720 --> 00:10:51,440 Speaker 3: Like if you have a great product but you don't 249 00:10:51,480 --> 00:10:53,000 Speaker 3: know how to get it in front of enough people, 250 00:10:53,080 --> 00:10:55,280 Speaker 3: you need a marketing consultant to come in and help 251 00:10:55,320 --> 00:10:58,120 Speaker 3: you get it in front of the right people. And 252 00:10:58,160 --> 00:11:00,960 Speaker 3: so it's basically a way for you to you can 253 00:11:01,000 --> 00:11:04,240 Speaker 3: add a whole department to your business without actually having 254 00:11:04,240 --> 00:11:05,360 Speaker 3: a hire enn employee. 255 00:11:05,559 --> 00:11:06,440 Speaker 4: It's a consultant. 256 00:11:06,760 --> 00:11:07,040 Speaker 2: You know. 257 00:11:07,200 --> 00:11:09,480 Speaker 3: That consultant can neither be somebody that's paid by an hour, 258 00:11:09,960 --> 00:11:12,320 Speaker 3: or it could be somebody that I always recommend you 259 00:11:12,360 --> 00:11:15,880 Speaker 3: get performance based consultants, which means they work off a commission, 260 00:11:16,240 --> 00:11:18,800 Speaker 3: So if they don't produce for you, they don't make 261 00:11:18,800 --> 00:11:21,840 Speaker 3: any money, right, so that that gives them a vested 262 00:11:21,920 --> 00:11:23,559 Speaker 3: reason to get in there and work hard and get 263 00:11:23,600 --> 00:11:26,960 Speaker 3: something done. And on the flip side of that that, 264 00:11:27,360 --> 00:11:30,000 Speaker 3: like you said, that's a very lucrative business too, because 265 00:11:30,080 --> 00:11:31,760 Speaker 3: it's a business where it doesn't require you have to 266 00:11:31,840 --> 00:11:33,440 Speaker 3: invest a lot. You can work from home and be 267 00:11:33,480 --> 00:11:35,720 Speaker 3: a consultant and people actually paying you just for the 268 00:11:35,760 --> 00:11:36,840 Speaker 3: knowledge that you already have. 269 00:11:37,480 --> 00:11:39,079 Speaker 4: You know, so you can take that corporate experience. 270 00:11:39,160 --> 00:11:39,440 Speaker 1: You could. 271 00:11:39,520 --> 00:11:41,720 Speaker 3: Man, you could have been flipping burgers and McDonald's for 272 00:11:41,760 --> 00:11:44,280 Speaker 3: five years, but guess what skill set you got. You 273 00:11:44,320 --> 00:11:46,240 Speaker 3: know what it takes to onboard a new employees. So 274 00:11:46,280 --> 00:11:48,160 Speaker 3: you can go to other small restaurants and say here's 275 00:11:48,160 --> 00:11:50,360 Speaker 3: the McDonald's model. I'm gonna teach you how to run 276 00:11:50,360 --> 00:11:52,240 Speaker 3: a McDonald's model for your restaurant. 277 00:11:52,320 --> 00:11:53,600 Speaker 2: And that's something that anybody can do. 278 00:11:53,720 --> 00:11:55,880 Speaker 5: Like as you're saying it, I'm thinking of like especially 279 00:11:55,880 --> 00:11:58,560 Speaker 5: in the education field, and especially in the restaurant field 280 00:11:58,559 --> 00:12:01,280 Speaker 5: as well. It's like people always try to figure out 281 00:12:01,320 --> 00:12:03,760 Speaker 5: how can they make passive income, right, and they don't 282 00:12:03,800 --> 00:12:06,280 Speaker 5: realize that they have a skill set already. They're just 283 00:12:06,320 --> 00:12:09,120 Speaker 5: overlooking it, right, They're not maximizing their potential. 284 00:12:09,240 --> 00:12:10,760 Speaker 1: Well, this is one of the things you talk about 285 00:12:10,760 --> 00:12:13,319 Speaker 1: multiple streams of income. That is, the average million that 286 00:12:13,400 --> 00:12:16,080 Speaker 1: has seven streams of income. That doesn't mean they has 287 00:12:16,160 --> 00:12:20,400 Speaker 1: seven jobs or even seven businesses. Is that they're maximizing 288 00:12:20,440 --> 00:12:23,960 Speaker 1: their skills maybe one or two businesses. So, as you said, 289 00:12:24,280 --> 00:12:28,200 Speaker 1: you can be a teacher, right, but you're an expert 290 00:12:28,280 --> 00:12:30,920 Speaker 1: in that field. If you're a really good teacher, Now 291 00:12:30,960 --> 00:12:34,760 Speaker 1: you can be a consultant to school districts, right, curriculum 292 00:12:34,800 --> 00:12:38,439 Speaker 1: things of that nature. Right, And that's something that anybody 293 00:12:38,480 --> 00:12:41,680 Speaker 1: can do. As choice said, even if you're still an employee, 294 00:12:42,000 --> 00:12:45,199 Speaker 1: you can be an entrepreneur and create your own consulting business. 295 00:12:45,000 --> 00:12:47,720 Speaker 5: And the amount of time. It doesn't require as much 296 00:12:47,800 --> 00:12:50,400 Speaker 5: right to say these are my hours. You dictate the hours, 297 00:12:50,720 --> 00:12:51,920 Speaker 5: and you dictate the fees. 298 00:12:52,280 --> 00:12:54,800 Speaker 3: And a lot of times you're helping different customers and 299 00:12:54,800 --> 00:12:57,320 Speaker 3: clients with the same problem exactly, so you already know 300 00:12:57,360 --> 00:12:58,040 Speaker 3: it like in and out. 301 00:12:58,080 --> 00:13:00,600 Speaker 1: You know, for your consulting business, how did you market 302 00:13:00,640 --> 00:13:02,960 Speaker 1: yourself to your customers and clients? 303 00:13:02,960 --> 00:13:05,240 Speaker 3: How do you man The most powerful tool I use 304 00:13:05,360 --> 00:13:08,040 Speaker 3: is linked in, Okay, And what I liked about LinkedIn 305 00:13:08,200 --> 00:13:10,560 Speaker 3: is because when when you put yourself on there as 306 00:13:10,600 --> 00:13:13,600 Speaker 3: a business owner, you give yourself whatever title you want, 307 00:13:14,400 --> 00:13:17,000 Speaker 3: you know, so I gave my it's just it's me 308 00:13:17,040 --> 00:13:20,719 Speaker 3: and one partner, but my title is Executive VP. So 309 00:13:21,040 --> 00:13:23,079 Speaker 3: that puts you in a whole different arena. They look 310 00:13:23,120 --> 00:13:27,600 Speaker 3: at you like, it's all perception. It's all perceptions. So 311 00:13:27,640 --> 00:13:30,040 Speaker 3: then when I go to when I see a company 312 00:13:30,200 --> 00:13:32,720 Speaker 3: that I'm trying to get a connection with, and I 313 00:13:32,760 --> 00:13:35,000 Speaker 3: go to the CEO and request to connect with them, 314 00:13:35,080 --> 00:13:36,800 Speaker 3: they were like, oh, it's another executive that wants to 315 00:13:36,800 --> 00:13:37,200 Speaker 3: connect you. 316 00:13:37,200 --> 00:13:38,520 Speaker 2: We got an exec that wants to meet you. 317 00:13:39,320 --> 00:13:41,120 Speaker 3: Yeah, And that's all it is, is positioning, and it's 318 00:13:41,360 --> 00:13:43,760 Speaker 3: it's all about you. Know what you post. I post. 319 00:13:43,880 --> 00:13:46,520 Speaker 3: I repost a lot of Wall Street durnal type articles 320 00:13:46,520 --> 00:13:49,120 Speaker 3: that related to the industry. Any type of insight that 321 00:13:49,160 --> 00:13:51,720 Speaker 3: I get from anybody else that's in the industry, I'll 322 00:13:51,720 --> 00:13:53,480 Speaker 3: make a post about that. So then you kind of 323 00:13:53,480 --> 00:13:56,400 Speaker 3: position yourself as a subject matter expert. So then a 324 00:13:56,440 --> 00:14:00,160 Speaker 3: lot what happens is eventually enough people are watching your 325 00:14:00,200 --> 00:14:02,080 Speaker 3: posts to where when they have a problem, they come 326 00:14:02,120 --> 00:14:04,560 Speaker 3: to you instead of you having to go out and 327 00:14:04,600 --> 00:14:07,720 Speaker 3: ask for business. And another great thing I like about 328 00:14:07,760 --> 00:14:09,960 Speaker 3: LinkedIn is because you can type in any job title 329 00:14:10,000 --> 00:14:12,640 Speaker 3: you want. So I'm in a supply chain, right, I 330 00:14:12,679 --> 00:14:15,160 Speaker 3: type in director a supply chain. LinkedIn is gonna give 331 00:14:15,160 --> 00:14:16,640 Speaker 3: me a list of people with that title. 332 00:14:17,080 --> 00:14:19,560 Speaker 4: So all I do is go connect connect connect, connect, 333 00:14:19,560 --> 00:14:20,520 Speaker 4: connect connect. 334 00:14:20,480 --> 00:14:22,680 Speaker 3: You know, and then that builds you audience because people 335 00:14:22,680 --> 00:14:24,200 Speaker 3: go to check you out to see who is this 336 00:14:24,280 --> 00:14:26,400 Speaker 3: that's asking the link with me? And then like my 337 00:14:26,400 --> 00:14:30,400 Speaker 3: network on LinkedIn is like seventeen thousand, it's all industrial products, 338 00:14:30,400 --> 00:14:32,200 Speaker 3: supply chain people from all these big companies. 339 00:14:33,160 --> 00:14:34,880 Speaker 1: That's a lot of that's a lot linked You got 340 00:14:34,920 --> 00:14:36,640 Speaker 1: to accept every single person, right. 341 00:14:36,560 --> 00:14:39,080 Speaker 3: Yeah, well yeah, the person that the person has to 342 00:14:39,520 --> 00:14:42,680 Speaker 3: approve the connection. But if your page is set up 343 00:14:42,680 --> 00:14:44,560 Speaker 3: to where it looks like, oh, this is somebody that 344 00:14:44,760 --> 00:14:47,320 Speaker 3: I might want to my network, then you're good. And 345 00:14:47,120 --> 00:14:49,160 Speaker 3: that's the whole purpose of you know, making sure that 346 00:14:49,600 --> 00:14:52,080 Speaker 3: you set yourself up right on there with the right titles. 347 00:14:52,360 --> 00:14:54,520 Speaker 1: You send and you send uh was it in mail? 348 00:14:54,600 --> 00:14:54,760 Speaker 2: Right? 349 00:14:55,320 --> 00:14:57,240 Speaker 1: They send you in mail? So you could both. 350 00:14:57,600 --> 00:14:58,400 Speaker 4: I guess something of both. 351 00:14:58,800 --> 00:14:59,040 Speaker 2: Yeah. 352 00:15:00,000 --> 00:15:02,160 Speaker 3: I met with a guy matter of fact, he flew 353 00:15:02,200 --> 00:15:06,320 Speaker 3: in from Arkansas last week because he's working with a 354 00:15:06,360 --> 00:15:10,040 Speaker 3: private development group that does industrial development and they're looking 355 00:15:10,080 --> 00:15:13,120 Speaker 3: for new locations to build new rail terminals. And that's 356 00:15:13,120 --> 00:15:14,440 Speaker 3: part of my job when I working in the railroad, 357 00:15:14,480 --> 00:15:16,920 Speaker 3: so that's part of my consulting too. So he literally 358 00:15:16,960 --> 00:15:18,680 Speaker 3: reached out to me because he had been seeing me 359 00:15:18,720 --> 00:15:23,600 Speaker 3: make these posts on LinkedIn about railroad development and railroad terminals. 360 00:15:24,040 --> 00:15:25,760 Speaker 3: So he this gout literally fluent for the day, just 361 00:15:25,760 --> 00:15:26,320 Speaker 3: for that meeting. 362 00:15:26,920 --> 00:15:30,480 Speaker 5: You are using your resources efficiently, and a lot of 363 00:15:30,480 --> 00:15:33,120 Speaker 5: times people don't realize that, Like they're just on LinkedIn 364 00:15:33,200 --> 00:15:36,040 Speaker 5: or they're just on Facebook just to put pictures up, 365 00:15:36,160 --> 00:15:39,080 Speaker 5: not networking, and not realizing that how powerful a tool 366 00:15:39,520 --> 00:15:41,000 Speaker 5: they have at their fingertips. 367 00:15:41,200 --> 00:15:44,920 Speaker 1: Well, LinkedIn is only for networking, but I got to 368 00:15:44,920 --> 00:15:45,960 Speaker 1: get a better I go, actually got to do a 369 00:15:46,000 --> 00:15:48,280 Speaker 1: better job on LinkedIn because I don't know, I just 370 00:15:48,280 --> 00:15:50,520 Speaker 1: don't feel too comfortable with it. I feel like it's 371 00:15:50,560 --> 00:15:52,520 Speaker 1: some kind of boring. 372 00:15:54,560 --> 00:15:56,600 Speaker 4: It is boring, but it's like Facebook, but it's for 373 00:15:56,680 --> 00:15:57,400 Speaker 4: business only. 374 00:15:57,520 --> 00:15:59,800 Speaker 2: Yeah, it's powerful, Yeah, it is, it is. 375 00:16:00,120 --> 00:16:03,000 Speaker 3: I mean you can you would be surprised that people 376 00:16:03,080 --> 00:16:05,320 Speaker 3: that don't have a lot of LinkedIn followers that are 377 00:16:05,360 --> 00:16:09,640 Speaker 3: like powerful people, like I mean like producers, executive producers 378 00:16:09,640 --> 00:16:12,520 Speaker 3: at these big stations. They may have five hundred, one 379 00:16:12,560 --> 00:16:15,640 Speaker 3: thousand connections and you go requested and it's approved the 380 00:16:15,680 --> 00:16:17,880 Speaker 3: next day, you know. But it's like it's like it's 381 00:16:17,880 --> 00:16:20,440 Speaker 3: like a back door to get the connection that usually 382 00:16:20,480 --> 00:16:23,160 Speaker 3: you have to call a corporate headquarters and talk to 383 00:16:23,240 --> 00:16:26,160 Speaker 3: administrative person and ask the schedule time to meet this person. 384 00:16:26,440 --> 00:16:27,680 Speaker 4: You just got to LinkedIn and find them. 385 00:16:27,720 --> 00:16:30,120 Speaker 5: So when you need it's like getting you past all those. 386 00:16:30,040 --> 00:16:33,880 Speaker 4: Steps, like all the gatekeepers. Yeah, pass all the gatekeepers if. 387 00:16:33,720 --> 00:16:35,440 Speaker 2: The person's on LinkedIn, if they're on that, but. 388 00:16:35,400 --> 00:16:38,240 Speaker 1: Every everybody's on LinkedIn and LinkedIn is one is the 389 00:16:38,240 --> 00:16:40,280 Speaker 1: most powerful search thing too, because like so when you 390 00:16:40,360 --> 00:16:42,200 Speaker 1: search somebody's name on Google, the first thing that comes 391 00:16:42,280 --> 00:16:44,560 Speaker 1: up is LinkedIn. That's like the first thing. It's like, 392 00:16:44,880 --> 00:16:47,840 Speaker 1: it's like your online resume pretty much it is. And 393 00:16:47,920 --> 00:16:49,400 Speaker 1: so I don't know how they how they work that 394 00:16:49,480 --> 00:16:51,760 Speaker 1: with the algorithm, but they always are on the top 395 00:16:51,800 --> 00:16:53,440 Speaker 1: of your thing. So you kind of have to have 396 00:16:53,480 --> 00:16:56,080 Speaker 1: a LinkedIn page if you're doing anything in business. It's 397 00:16:56,080 --> 00:17:00,240 Speaker 1: like almost mandatory. Yeah, agree, got up that man, Yeah, alright, 398 00:17:00,280 --> 00:17:00,800 Speaker 1: so that was good. 399 00:17:00,840 --> 00:17:25,400 Speaker 4: A