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Stone Payton with Business RadioX®

March 14, 2023 by angishields

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Cherokee Business Radio
Stone Payton with Business RadioX®
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Stone-Payton-bwFor over 30 years, Stone Payton has been helping organizations and the people who lead them drive their business strategies more effectively.

Mr. Payton literally wrote the book on SPEED ® : Never Fry Bacon In The Nude: And Other Lessons From The Quick & The Dead, and has dedicated his career to helping others Produce Better Results In Less Time.

Connect with Stone on LinkedIn, Facebook and Instagram.

Websites:

  • BusinessRadioX.com
  • CherokeeBusinessRadio.com
  • MainStreetWarriors.org

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:00] Coming to you live from the Business RadioX studio in Woodstock, Georgia. This is Fearless formula with Sharon Cline.

Sharon Cline: [00:00:17] And welcome to Fearless Formula on this fearless Formula Friday. And I’m so excited. I’m looking at Stone. I have Stone Payton here in the studio. He is the managing partner of Business RadioX and I wanted to have him come in because really the reason I’m here is because of you, Stone.

Stone Payton: [00:00:37] Well, that’s awfully gracious, but we are so delighted to have you in the Business RadioX family. You’re producing such marvelous work. The people you’re meeting, the stories you’re capturing. It’s fascinating. I love listening to your show.

Sharon Cline: [00:00:49] Oh, that’s so sweet. Okay, we’re done with the show today. That’s all I wanted to. We’re out. No, but actually, I’m excited to talk to you because there’s some really exciting things that we’re doing here in Woodstock with Business RadioX. But I don’t know that we’ve actually really had a moment in this kind of forum to really talk about it. So I was wondering if you would kind of share some of the fun things that we’re doing.

Stone Payton: [00:01:10] Well, it’s been a fun couple of years. Holly and I have been here almost two years. I think April will be two years. And so we’ve had this studio here and this is one of 19 studios, physical studios like this that we have. And we’re in 57 markets total. But I mean, this is the best studio right out of all of us. Of course, we have so many marvelous shows and we’re serving so many different. What would you call them? Like little ecosystems, different specific niches. And maybe some shows wouldn’t hold a lot of interest for one person, but it means everything in the world to another, Right? And so that’s a lot of fun. But you and I and our other hosts, we get a chance to to meet a lot of different people from a lot of a lot of different walks of life. And it just it is so much fun. And so the the core mission and purpose, that really hasn’t changed. You know, our tagline is amplifying the voice of business. And the the business model for us is helping professional services, B2B folks build real relationships real fast. This thing works. It always works. It it never doesn’t work. So we keep doing that. And so we have these clients and we help them build these custom shows and we show them how to use the platform to to serve first, serve early, serve often.

Stone Payton: [00:02:28] And as a result of that, either strengthen those existing relationships. Can’t think of a better way to cultivate a new relationship than to have them come on the show and share their story and promote their work. So that continues. The only shift in that, I guess, is we’re doing a lot more of it than we were two years ago or a year ago or even six months ago. And then largely due to, you know. Yes, yes, yes, yes. Largely due to you your specific input. And David Samuel Diesel, David Inc finally cracked the code on how to serve people that that are not our traditional client and they don’t have custom shows every week. That’s right where we where we do all that they’re smaller companies, solopreneurs startups, retail you know, and they’re just kind of getting their thing off the ground, you know. And our traditional fee structure is a little out of reach for them. And but now we’ve got this thing, we call it Main Street Warriors. And our creed is defending capitalism, promoting small business and supporting our local community. And I don’t care where you are in your entrepreneurial journey, you know, whether you’ve got an idea or a cocktail napkin or you’re staying up at night figuring out how to scale. Without exception, everyone I meet that is trying to get something going. They all genuinely want to contribute to not only the business community but the community at large.

Stone Payton: [00:03:58] But by the same token, our traditional, you know, our fee structure for our traditional clients, it just doesn’t make sense. And I couldn’t, you know, in good conscience say here, you know, invest 150 bucks a month to sometimes as much as $5,000 a month. And and here’s the return of investment you’re going to get. I mean, look, there was a time for me to believe me. I don’t care how good it works. You know, I wouldn’t have had that kind of money to to make the investment. So we created this Main Street Warriors. We established that creed with your help and and David’s. And then what makes it so cool is we created a membership structure where these folks can pool their resources. And instead of paying 1250 a month, they pay 1250 a year or I think we give them a break. It’s 1250 a year. If you do an annual 125 bucks a month. So whatever that comes out to. Right. And but for that, and anyone who is serious about growing a business, if you don’t have $125 a month to invest in something like this, you know, once you believe in it, I’m not saying you ought to automatically believe in it, but once you feel like it’s a. An idea that maybe you ought to revisit if this is really what you want to do, that’s well, that’s well within reason, even for the smallest of companies.

Stone Payton: [00:05:09] But that way they can pool their resources and we can let them tap into a lot of the same benefits. Again, not a weekly custom show, but they can sponsor episodes, they can sponsor series, they can sponsor us when we go out to ribbon cuttings and on site broadcast, especially here locally. Right. And they can one of the greatest benefits for anyone in our system going back to our core of building relationships is just being able to it’s nice to get out in the marketplace and do something nice for them by simply just reaching out and inviting them to come in the studio and share their story and promote their work, or in some cases even hop on a Zoom call and share their story and promote their work. You talk about a great foundation for for I mean, you’re giving them such a gift, right? And so for initiating that that brand new relationship, at least for me, it’s so much easier than trying to get someone to have a cup of coffee. And then you explain what you do and I explain what I do. And to me, it allows you to give that gift to serve first, right? To serve early, to to serve often. And so so that is something we can provide our main street warriors so they get a the booking calendar link, of course, but also they get a priority booking code so they can reach out and invite someone to come on a show that they sponsor because they are sponsoring that show.

Stone Payton: [00:06:35] Those people come in. We give them plenty of love like we always do in the studio. If depending on the the the mix of the of the audience, the mix of the guest in the studio, we will likely do a live read for that Main street warrior like today’s episode is brought to you in part by XYZ company. Go check them out that has value. And then when we publish the episode, we can say Today’s episode is brought to you by we let them at that level. There is another level called Special Forces. With you and David, the creativity never ends. But but that core membership, that basic membership of the main street warriors every for that 1250 a year, 100 and quarter a month every quarter they can actually organize a dedicated episode. Oh, that’s awesome. And so they can reach out and this can be totally dedicated to. And so every guest is their guest. It’s not like they’re just fast tracking someone to come in. So between all of that, they’re getting to tap into some of the benefits. And candidly, some of them this hasn’t happened yet because we’re only formally launched this. What was it like the first or second week of December was that it was.

Sharon Cline: [00:07:44] In the like late fall? Yeah.

Stone Payton: [00:07:46] Okay. So it hasn’t happened yet. But what I really do think is going to happen, some of these folks will grow into traditional clients for us. So I mean, yeah, we’re nice people and all that, but it’s good business for us too, and it allows us to fully live into that mission of of serving the community, the business community and the community at large. So I’m really fired up about that. And then and so I mentioned very briefly, there’s kind of a top tier level called Special Forces where it’s it’s it’s really only a half step from being a traditional client. On the other end of the continuum, there is something called supporting troops $12.50 a month. They can still tap into some of what I’m describing, just not at the same frequency. And I mean, I don’t know anybody that, you know, that can’t afford.

Sharon Cline: [00:08:32] Right. That’s coffee or something.

Stone Payton: [00:08:34] But think about the number of people that that are in that position. They’re trying to get something off the ground. Their heart is there. They want to support the business community, but they don’t have a practical mechanism to do it. When there’s a fundraiser, you know, they don’t want to give $12.50. Right. But a lot of $12.50 is, you know, we pool that. We can put together a fundraiser basket for the Main Street warriors like we did last night over at Diesel. David’s Mingle, his grand opening at his new spot. And we can help page read over here at Limitless Disabilities buy a bus, get a new soundproof wall when you pull those those resources. So first of all, thank you. Thank you. Diesel David, also, as probably many of you know by now, if you’ve been listening because you’ll hear us mention diesel, David a great deal. Not only did Diesel David’s help us with all that, think it through. Not only did Diesel David want to be a Main Street warrior, he said, I want to be the title sponsor. So he’s actually the title sponsor for the Cherokee chapter of Main Street Warriors. And that’s the other cool news When the other studio partners got wind of what we’re doing now, they want to do it. And so now Business RadioX corporate, which I’m that’s one of the hats I wear. We’re licensing that whole structure to them as well. So right now the participating studios are all of the studios that I have a hand in Pensacola, Tallahassee. Chattanooga and then, of course, here in Woodstock. Am I leaving one out? All of these that I have some financial interest or some direct operating role in. But don’t be surprised. And that’s why I say Cherokee chapter. That’s right. Because you’re gonna have Chattanooga chapter. You’re going to, you know, that kind of thing. So it must.

Sharon Cline: [00:10:20] Be very satisfying to see it take off so well.

Stone Payton: [00:10:22] It is. It’s fun. And I can’t I can’t take any real credit for it. The only I mean, the only you.

Sharon Cline: [00:10:28] Can you did come up with this concept and we talked about it. So I did think, wow, this is really thinking outside the box because you are including people who are a smaller business like me.

Stone Payton: [00:10:37] Well, I really wanted to do that because and what happened was I came to town. I’ve never been a networking guy. I’ve never been that involved in my local community. It was always, you know, like a more distance arm’s length relationship. I mean, we served our clients well even in the training consulting business and even in my role at Business RadioX. But I got here and I met all these wonderful people and and I’m just scratching my head. It took me a, you know, a year and a half, but I’m like, there’s got to be a way we can help these people. And there’s probably a way that’ll work because it always does. Sharon It always comes back and serves you too. So I will take some credit for wanting to figure it out. And I do think it was I do think this this framing of Main Street Warriors has some legs. It does. Right. But then it was so unrefined when I brought it to you, to you and David. And, you know, David doesn’t say, well, noodle on it, think about it. Let’s get a strategy meeting. He is such a he’s like, Let’s do it. I want to be title sponsor. Here’s what you need to do. You need a membership, you need these levels, blah, blah, blah.

Sharon Cline: [00:11:41] So smart. My brain does not keep up as fast as like he comes up with solutions and the reasons why within five seconds and I’m trying to write as opposed to type down what he’s saying. But it’s so fast. But he did have incredible advice for us.

Stone Payton: [00:11:55] He did. And he’s not only smart, but he’s such a person of action. And he’s so he’s so gifted at compelling others to take action because I’ve run into a lot of smart people that will just, you know, plan to death and never throw their hat over the fence If you if you want to hang out with David. Oh, man, it is such a rich experience, but you better be prepared to take some action.

Sharon Cline: [00:12:17] Yeah, he’s very inspiring, isn’t he? Oh, yeah. And his studio. His shop is so beautiful. Let’s call it a studio.

Stone Payton: [00:12:23] Let’s call that David’s. David’s? We were at David’s studio yesterday. Oh, isn’t it cool?

Sharon Cline: [00:12:27] It is beautiful. And it’s exciting to see. And I was actually kind of emotional when he had his ribbon cutting because I’m like, how many moments do people dream of having this? Like, I’m going to have a ribbon cutting ceremony? Yeah. And have all of these people come and support and be in my life like this. And so I just felt so I was so proud and like, happy for him. What a dream come true, you know? And it’s not often I get to witness that happening in real life.

Stone Payton: [00:12:51] And it’s fun to see that happening with David. Cannot think of a more deserving person for the momentum and success he’s he’s experiencing and will continue to experience. And it’s happening every day here in town. I mean, look at Ashley Greer over here. Is it the cutting board? I’m wearing your t.

Sharon Cline: [00:13:08] Shirt by the cutting board, charcuterie.

Stone Payton: [00:13:10] The board and box the board in box. Forgive me, Ashley. I’ll get it. She was kind enough to give me a shirt, but I couldn’t read it fast enough before I started talking. You know, she’s getting some momentum. She’s got a space over there. We’re going to be at her ribbon cutting. And of course, you know, my new news I got we got a golf cart.

Sharon Cline: [00:13:26] That’s right, the Business RadioX golf cart.

Stone Payton: [00:13:28] So I’m planning to drive the golf cart there in park. I should have my Business RadioX decal by then, but no, it’s happening every day. You have all of these great. These marvelous. And what’s nice is they people have found in this community and I think it’s the real secret to getting a successful business off the ground. It’s not just something they thought they wanted to do. They found a need, a desire, and they filled that need. And then they did it in concert with their values. And what what makes them happy. And the marriage of those two things is beautiful.

Sharon Cline: [00:14:03] It is. It is. And it’s exciting to see how many different businesses intermingle in this whole in this community. I think last night she board and box was was part of diesel David’s event last night and it was amazing.

Speaker1: [00:14:16] Oh man.

Stone Payton: [00:14:16] Did you see that layout.

Sharon Cline: [00:14:17] I did. There were pictures of it online.

Speaker1: [00:14:20] She was beautiful.

Stone Payton: [00:14:21] And then like you had, you had Lauren and Cody Bolton were there and they brought like these bags of pies. Right. And I just and by the way, my wife is like a super fan of Cody Bolton. And so when we got the we got the golf cart and it’s got a nice radio in it with a good sound system. And so we have one CD in the golf cart and it’s Cody Bolton and her favorite song on that CD. She loves all of them. She can tell you she can sing. Every word is well-worn bar. So we took a little video of her singing Well-worn bar, and we posted it on Facebook this morning. And but it’s fun to to know people like that and be able to let them. People like Cody. And Lauren and Ashley and David know how much they’re enriching our lives. Right? So anyway, so just being a part of the community really did. I’ll take credit for that. It motivated me to try to figure out a way to to help them. So that’s going well. We’ve got to keep our foot on the gas and make sure that we’re serving that community well. And and we’ll continue to try to find ways to serve them. And we’ll take a page out of David’s book. And I know you practice this as well. You know, if you want to find out how to help them, ask them, you know, what do you guys want? What would what would is something we can be doing. And so we’re going to try to be good at creating that feedback loop and return that that learning to the organization. So got that. My new shiny ball, though, I got to tell you, what’s your new shiny ball? Many of our listeners will know anyone who’s had a conversation with me and considered the idea of becoming a client.

Stone Payton: [00:15:54] Where we do that, where where we create that customized show and create a show concept that allows them to to shine the light on other people and genuinely serve the people in their ecosystem that they want to build those relationships with. Many of them know our minimum performance standard at Business RadioX has always been for two decades now is we’re a money machine. So our minimum performance standard is to double your money. Now our studio network is very autonomous, like Karen Nowicki out in Phenix. We don’t tell her what to do. We share best practices. There are very few rules. She taps into our brand equity. Everybody wins. But we don’t. We don’t dictate like you would in a formal franchise, a lot of the activities. And so for that reason I don’t make this commitment for the other studio partners but a Cherokee business radio, that is a guarantee we’re going to double your money. If you’re a traditional client, you come in, you put a dollar in in our money machine, you’re going to get that dollar in another one back. And what our target is really 5XAA 400% ROI. So if you put that dollar in, you’re going to get that dollar and then four more back. That’s what we’re targeting. But because our minimum performance standard is doubling your money, I made an appeal at Woodstock Business Club and I’ll make an appeal here on the air. I’m in search of twins because I want to do a promotional campaign built around twins.

Sharon Cline: [00:17:25] Oh, my goodness.

Speaker1: [00:17:26] That’s genius.

Stone Payton: [00:17:27] So I’ll take your help. David’s help. I’ve already mentioned to John Cloonan, my marketing buddy, and we sponsor his motorcycle racing pursuits to help me think through writing the copy and how to. But I just think it would be fun if we could figure out a way to to. And I want twins of all sizes and shapes and ages and genders and so, so smart. So if you know twins out there and you know we’re not going to go, you know, to like a formal booking agency and, you know, book the most beautiful European twins or whatever for a gazillion dollar people, I want real people. And but we’re going to do the we’re going to do the Twins thing, or at least you know what? So this idea is every bit as refined at this point while we’re on air today as the Main Street warrior.

Speaker1: [00:18:08] Idea was when I came to you and David.

Stone Payton: [00:18:10] Yeah, but I don’t know.

Speaker1: [00:18:12] It seems like a cool idea.

Sharon Cline: [00:18:13] It’s a great idea. And you know what I like, too? That you will find some people in Woodstock that are twins, you know? So it still continues to be part of the community.

Speaker1: [00:18:20] Which.

Stone Payton: [00:18:21] We most certainly will. And equally exciting is because we have built those relationships around town at Young Professionals of Woodstock, Woodstock Business Club, all just reformation under the Elm Tree. I got lots of networking spots, Jekyll.

Speaker1: [00:18:39] You know.

Stone Payton: [00:18:40] Stout all these places because they want to help. They you never know who knows who. And so while they may not be a twin, you know, they’ve got a cousin that knows somebody or they know somebody that’s got a set of twins. And so I really I have every I really believe that making this appeal, if I just in this community, if you’ll let folks around, you know what you need and want man, they will bend over backwards to try to help you get it. So I bet you I probably get flooded with twins and I hope I do. And we’ll anyone who wants to participate in any of that, we’ll we’ll make it happen. But that’s my new shiny ball.

Speaker1: [00:19:19] That I’m chasing.

Sharon Cline: [00:19:19] No, that I feel like I got, like, a little insider information today. That’s cool. It’s it’s very creative. But that’s what’s so cool about you is how creative you are. Like thinking outside of the box of what we what traditionally Business RadioX has done. So that’s what’s cool about Main Street Warriors too, is I was like, what are what are you doing? Like, you had to explain it to me. I’m like, This is genius. So and what I really love too is like, you are still promoting that notion of let’s highlight and give people a space to explain who they are, why they do what they do, what’s important to them. And that’s what I love about my show, is because we really do focus on who the person is behind the name. So it’s not just diesel. David It’s like if you are around David for a few minutes, you’re like, Oh my gosh, I believe in everything that.

Speaker1: [00:20:00] You’re doing. Oh, he’s infectious. Yeah. And you were so many other.

Stone Payton: [00:20:04] Yes, Right. So tell me. I’m going to. Okay, I’m getting. No, I want to know what are some of the things that you’ve enjoyed the most? And has anything surprised you or really stood out for you?

Speaker1: [00:20:17] I would say.

Sharon Cline: [00:20:17] The biggest surprise since doing the show and it’s been it’ll be a year in July. So. Oh wow, time goes by fast. It’s been it’s the most fun I have during the week is this show but also I think. When I’m interviewing someone that I’ve never met before. Complete stranger. You know, we we talk a little before the show and then when we do our interview, there is just an energy about it that I know that I am looking at someone’s heart and I just need you to have the words to to show me your heart or explain your heart. And once we do that, I swear we are friends. We are all friends, right? And I mean, I really believe that I could contact anyone who’s been on the show and say I’m having trouble, and like, someone would come and help me. I really do, because there isn’t. It’s like an energy exchange of let me highlight who you are. And then they tell their story. Who doesn’t love to explain their story and why they do what they do and everybody wins. It’s like such a joy. So I think that joy really is something that you can feel, and I love that I could go to any of these little businesses and and feel like I’m speaking to a friend who I, you know, didn’t know last week. It’s crazy. Isn’t that great? A very interesting kind of dynamic.

Stone Payton: [00:21:32] Well, and I do believe with all of my heart, if next week you decided to quit doing this, you stopped doing the voiceover work and you sold office furniture. Right. You’re in a whole new career, right? You’re selling, right. All right. I believe you could reach out to every one of those people you’re describing a I think they would take your call. B, I think that they would entertain a conversation with an open mind about the products and services that you’re offering. I really believe if they were at all in the market for some office furniture or might be in the near future, I think anything else being close to equal, I think you would get the nod. I think you would get the business over the other person. I really believe if their brother in law was in the office furniture business. Right. And let’s say it’s a guy and and and his brother in law is in the office furniture business and his wife is is like, no, you have to buy it from my brother Rusty. And so he’s going to buy the office furniture from the brother in law. He has to, for the sake of his own peace of mind in his life. I still believe even then that person is still going to try to do everything in their power to help you. They’re going to let other people know you’re in the business. They’re going to try to introduce you to other people. Don’t you think that? And I think that’s why the ROI is comes from this.

Sharon Cline: [00:22:51] That’s true. And I think part of it is the the intention is for for good, like truly good. And I do think that if there were any ulterior motives by now, it would have all fallen apart and would not work at all. But knowing that my intention truly is to highlight someone’s like heart and what they do and what they think about what they’ve learned, especially talking about fear and how that can limit your life so much. And everyone knows what that feeling is like. How do you manage around that? You know, because I think about it all the time. So it’s really wonderful for someone to say, Here’s what I’ve learned. So I get to love on someone, someone gets to share their story, and then anyone else who listens could maybe get an inspiration or or a lesson that they never really even thought that they would get on a radio. And I do think it works like it just works. It’s really it’s really been very special to me. It’s like such a joy.

Speaker1: [00:23:44] Oh, I’m delighted to hear.

Stone Payton: [00:23:45] Okay, So the show is called Fearless Formula. What did fear ever come into play at all when you started doing this? Yes.

Sharon Cline: [00:23:52] Okay. Let me walk in the building shaking and everything. Yeah, I would say yes, because I never I don’t really have a specific plan in talking to someone. I have a very curious mind and it’s annoying sometimes. So I really appreciate that people let me ask questions because the reason I’m asking is not so that I can find something to get out of you, but it’s really just to understand how do you move through the world? What is your world experience like with a business slant? And so I’m not the biggest business person, but I do love that there are more things about us that are like than are different. No matter what industry, no matter what aspect of your life you’re talking about, whether it’s homeownership or or driving to work can be scary. Like everyone knows that feeling of fear. So just being able to say, Well, what did you do during the pandemic? That’s like one of the big things I ask because a lot of businesses didn’t survive and some did. And how did you do it and what would you do differently if you could start over? I mean, these are lessons that I think about all the time for anybody. And it’s so nice to know that I pass by people every day. But coming down into Woodstock and seeing someone’s face that I recognize from an interview that I did there, not a stranger to me, they’re a human who’s had their own life experience. You can appreciate where they’ve come from and just having that appreciation of who someone is and why they do what they do makes me want to solicit their business. It makes me want to say, Yeah, I really could use some help with my air conditioning, you know, or whoever plumber, you know, has been here. So I really appreciate the relationship and it’s so important to talk about it from a people aspect, not just. Business and money in numbers, but people are behind it. And I just love highlighting that. That’s how that’s how my brain works.

Speaker1: [00:25:37] So how did.

Stone Payton: [00:25:37] You get past the initial fear? Did you just tough it out? Did you block it out or.

Sharon Cline: [00:25:42] Good question. Oh, man. How did I think I just felt it but did it anyway. And that is really pretty much how I live my life. You feel the fear and do it anyway, because really, once you are sitting with someone, we’re just having a conversation. It is not a major, you know, dissertation about how you got from point A to point B and explain it all and Excel spreadsheet. Nothing. It’s just tell me who you are. Explain to me who you are. And I think just coming at it from an energy of I really just want to understand who you are and what makes you tick when you have that energy. It’s really almost like we could have we could be sitting anywhere having a beer together.

Speaker1: [00:26:22] You know, we probably should have done that.

Stone Payton: [00:26:23] We probably should have taken a remote kit and headed over to the Reformation or to Stout or Jekyll and just sat down.

Speaker1: [00:26:28] Exactly. But it feels does It does. You know what?

Stone Payton: [00:26:31] I think it feels that way. And Lee and I, when we were getting this thing off the ground and trying to replicate it because we started with just the one studio down in Sandy Springs, the the tone that we wanted to create. And I think we’ve we’ve pulled it off in most cases is, is like you’re sitting there and you’re sitting at Jekyll and you’re having that conversation over a beer and a table next to you just can’t help but but lean over and listen in a little bit, don’t you think we create that tone?

Sharon Cline: [00:26:59] I really do. And I think that’s it’s true because the things that we’re talking about aren’t necessarily, you know, all the ROI that you have to deal with and all of the ins and outs and like the boring kind of not really fun parts of business, but it’s.

Speaker1: [00:27:12] Fun when the check clears. Well.

Sharon Cline: [00:27:15] That’s the whole point of it all, I guess. But but still talking about kind of what it is that sort of drives you. I mean, when they’re doing the charitable Charitable Pursuits show and I’ve been lucky enough to sit on those because I’ve produced a couple just watching, not participating. So much, but just watching the different slant of that show compared to mine, which is all like, Tell me about how you manage your feelings. Charitable Pursuits talks about why. Why do you why do you give What is it that drives you? How can other people be inspired to give? And that is so inspiring. And if you and I were sitting at a place like Jekyll and having a beer and we’re talking about that specific subject, somebody will overhear it and be able to identify with it. So you’re right, it’s not just, you know, business business. It’s more like how can how can I contribute to my community? How can I build relationships? How can I help someone else? Because we’re all helping each other. And I think that’s why we’re here is to help each other.

Speaker1: [00:28:13] I guess. Amen. Well said.

Sharon Cline: [00:28:16] It’s funny. I didn’t know what we were going to talk about today. That’s the best part about this show.

Speaker1: [00:28:19] I didn’t really I.

Stone Payton: [00:28:20] Mean, I knew I wanted to say a couple of things about Main Street Warriors and mentioned. But yeah, I mean, you see me, I don’t have a notepad or anything.

Sharon Cline: [00:28:26] Either except my phone because I get nervous and I’m like, How do I introduce Stone, who I’ve known for like a year and a half now. But still, I think I think you’re right that it is really it’s it’s not something to feel like you’re out of your comfort zone. If you’ve ever had a conversation with someone anywhere, it is exactly the same energy right in here. And people do get nervous before they come on if they’ve never done a show before or, you know, spoken.

Speaker1: [00:28:49] But don’t you find.

Stone Payton: [00:28:50] That more often than not, the microphone kind of melts away pretty.

Speaker1: [00:28:53] Quickly?

Sharon Cline: [00:28:53] It does. It does, because you really do It is an energy of of just tell me your story and you don’t even think about I don’t even think about what I’m saying, which probably shows sometimes. But I’m just saying, when someone comes in here who’s never had that experience before, it isn’t something that they they always leave. Happy is what I’m trying to say. They’re not concerned. Oh, did that sound good? Did that not sound good? It’s your story. It’s we’re just highlighting who you are and what you love and what you wish you did different or what you learned or how you give back or your thoughts. You know, who doesn’t want a moment to kind of say, this is what I was thinking about? Like you today, you just shared your thoughts. Yes.

Speaker1: [00:29:32] That’s just what’s on my mind right now.

Stone Payton: [00:29:33] That in a golf cart, because, you know, I gambled and came down on the golf cart and there’s this little stretch between where you’re allowed to drive the golf cart and where the office is. And it’s like 75 yards and there’s a sidewalk. And I gambled today and I don’t know, we need to get the chief of police in here, build a relationship and say, look, can you cut us some slack on this one little stretch?

Sharon Cline: [00:29:52] But if you ever see this Business RadioX golf, the only.

Speaker1: [00:29:56] One it’s the only one I don’t want to be.

Stone Payton: [00:29:57] Unsafe. But I mean, I feel like if I can come up, I don’t know, I probably shouldn’t do all that on the air. But anyway, I’m just talking about what’s on my mind. I have a technical question for you, and there’s no right answer. But but it occurs to me when you put the headphones on, don’t you feel like there’s like we’re in a little bit of a bubble? Like, I wonder if that doesn’t even lend itself further to to.

Speaker1: [00:30:18] It’s a good question about that.

Stone Payton: [00:30:19] It’s almost like we’re in our own little world, right? I don’t know if that’s true or not, but it feels that way to me.

Speaker1: [00:30:24] It does.

Sharon Cline: [00:30:24] I think that’s lends well for defenses. Is being kind of disarmed, you know, kind of an outside world.

Stone Payton: [00:30:33] They’re out there, right?

Speaker1: [00:30:34] They are.

Sharon Cline: [00:30:34] Sometimes you hear the rain and you’re like, what is it raining? I’m in this little booth. It’s so nice because it really does feel like you don’t have you’re not distracted. You don’t have a thousand different things that you need to be doing, checking your phone or anything like that. We get to focus on each other and that’s the whole reason to be in here. And I don’t do that very often in other areas. So if I went to go see anyone like I had bananas and beehives on a couple of weeks ago, if I went to go speak to her in her shop, well, she’d be busy, you know, And it’s very difficult, which I get, of course. But it’s so nice to have a dedicated time to really get to know someone in a very intimate way that, you know, is so positive in the end. And I remember you told me this in the beginning. No one has ever left unhappy. And it’s the truth. We sit here after the show, 30 minutes, 40 minutes, we still talk. And I’ll be like, oh, man, I should have asked you that, you know, on the show. But it’s still just fun because I’m still truly invested in who someone is and what they what they do and what makes them tick. And it’s hard sometimes to to think of all the great questions. I mean, I’m always off the.

Speaker1: [00:31:36] Cuff and.

Stone Payton: [00:31:37] You can always have them back. Right? Exactly. So that’s fun. And did you see my studio upgrade?

Speaker1: [00:31:42] Yes, I did.

Stone Payton: [00:31:43] So we’ve had these really cool core board signs, logos for people, underwriters of shows. But with the Main Street Warriors program, the ones that do the Special Forces or the annual, you know, we’ve created these foam core things. But the way we did it, you had to they were like semi-permanent, right? Like you could put them on if you took them off. You’d better be careful. Yeah. So I finally figured out how to do it with magnets so we can move them around. So, like, if somebody was was specifically sponsoring today’s episode, we can move it where I’ve got the Main Street Warriors theme, we can put their deal. Isn’t that cool? We can move the logos.

Speaker1: [00:32:17] Yeah.

Sharon Cline: [00:32:18] And it’s a great opportunity for different businesses. So that wasn’t David’s idea.

Speaker1: [00:32:21] I thought, That’s on.

Stone Payton: [00:32:23] Me. David doesn’t win everything.

Sharon Cline: [00:32:28] I can’t. Sorry. I wasn’t expecting you to say that. Good for you.

Speaker1: [00:32:32] That’s right.

Sharon Cline: [00:32:33] Good for you. That was genius.

Speaker1: [00:32:34] To you twice.

Sharon Cline: [00:32:35] You’ve been called a genius today. No, that’s awesome. But I love that, too, because it does give people a little bit of extra highlight which who doesn’t love that? So I just think the premise and the execution of it is just so beautiful and it is not too complicated for me to figure out how to do on my own as a producer. So and doing the show so I know someone else could come in here and learn it too, if they wanted to. It’s not it’s nothing that, you know, takes a genius.

Speaker1: [00:33:01] And our clients don’t.

Stone Payton: [00:33:02] Even have to run the board. But you’re right. I mean, I mean, I’m not a radio guy. I’m a sales and marketing guy. Right.

Speaker1: [00:33:06] But you do the board.

Stone Payton: [00:33:08] I do. But it’s like the Playskool version of a board. It’s high end. You know, in the old days when we got started, you know, it looked like a rock band. The machine you had to have there and you had to have 2 or 3 different boxes that you plugged the headphones into and all that jazz. And now, because podcasting in general has become so prolific, you know, there’s this whole cottage industry around the equipment and the software and, you know, and that with 20 years of workflow knowledge, it’s gotten easier and easier and and easier for.

Speaker1: [00:33:34] Do you ever.

Sharon Cline: [00:33:35] Want to add cameras.

Speaker1: [00:33:35] In here?

Stone Payton: [00:33:36] Yes, there is a trade off with using video in this environment versus just audio. And so every situation is different because again, if you go back to the core purpose for most of our clients, the the priority is building the relationship. That’s right. And if you don’t if you if you do video, and particularly if you don’t handle the video aspect of it well, it can actually add friction to the whole dynamic. Right. We’ve seen this in the conference and trade show work that we’ve done. I’ve seen it in studio. Right now you and I are ultra relaxed, even a brand new client who’s never been on the mic by this time in the conversation, they’re so happy. They’re so relaxed. Yeah. But I got to tell you, you know, for so many people and a lot of people were interviewing are not they’re not media trained, they’re not professional actors or voiceover.

Speaker1: [00:34:27] People or anything like.

Sharon Cline: [00:34:28] That. They’re really in the trenches of their business.

Stone Payton: [00:34:30] Exactly. And so you throw a camera in their face, you know, and start videoing. They start to worry about the mustard on their shirt and their hair. And are they and they don’t feel like they can refer to their notes. Right. So, so so it’s it’s not that one is good and one is bad, but you’ve got to you need to take that into account. And all that said. And so every situation is different and our priority in serving the client is what is going to help you get to your desired outcome. If adding video is going to get you 100 more likes on social media, but it’s going to add too much friction to the to the environment. Our council is going to be know now if you check clears will video, but I’m just saying that’s going to be our our our council. However, one of the things that I’m working on and we have in the past even I have done where we video the sound check and we video do like the Facebook Live thing or do restream and then we tell them to listen to it and to the whole show. Head on over to High Velocity Radio. Turkey Business RadioX dot com or whatever so that we’ve had great experience with and that was cool. We’re going to have video capability because there are situations where it doesn’t add friction and everybody is cool with it. In fact, they even would appreciate having some video captured. And there are some distinct advantages in video as a medium and some distinct advantages in audio as a medium, which I’m happy to describe in a moment, if you like. But what we are going to do is we’re going to continue to explore the most inobtrusive is that a word? Whatever is not going to get in the way.

Stone Payton: [00:36:05] Way to have a 1 or 2 camera angles in here where we can capture on video if that’s what the client wants and we’re going to work through how to so that the guest are very comfortable with that. And it’s just kind of in the background out of the way so that we can capture that for them. And, you know, we’ll add a premium to that fee structure because that’s a whole different ballgame that, you know, cutting the video, adding all that jazz. Exactly. But to me, it’s a both and let’s make it available. Let’s make it easy, because I have had, you know, after everything I just said, I’ve had people come in here and say, well, is it okay if I video myself? Absolutely. Or they’ll say, Is it all right if I video this whole thing? At which point I’ll often say, Well, let’s check with our other guests, you know, because I’m again, my priority is relationship and environment. So another thing we are working on is to to have an unobtrusive way to capture video when it is warranted. I will share with you in general, video is such a marvelous vehicle for storytelling, but for some of the reasons I just described earlier and there are some others, this platform is infinitely more powerful for story gathering. It’s much easier if you’re working with people who are not professional actors. Story get this This platform is so much easier to gather story is with this. There’s not the lighting, there’s not the setup, there’s not that friction I was telling you about that can occur, you know, that kind of thing.

Sharon Cline: [00:37:37] People ask me that when they come in, Is this going to be on video?

Speaker1: [00:37:40] And I and some are very nervous about it.

Sharon Cline: [00:37:42] They don’t like it, some do not like.

Speaker1: [00:37:43] And you get the whole.

Stone Payton: [00:37:44] Continuum, right? And I’m like, oh my gosh, is it okay if I video it or do you have a way to video? So, so it is an infinitely more powerful tool for story gathering in most circumstances. And if you go back to desired outcome, if your desired outcome is to double, triple, quadruple your money, if it’s to build relationships, real relationships real fast and get to the point where the people who are important to you are writing you checks or teeing you up with people who are writing you checks. If you’re focus is ROI and building relationships, story gathering is your path. And I’m not saying you can’t incorporate video in the story gathering, but the default slam dunk automatic always works, never doesn’t work. Way to gather stories. I mean, this is a content factory, right? It is a gathering stories and really building that relationship. Audio over video hands down.

Sharon Cline: [00:38:40] That’s so interesting because people focus so much on using social media with these videos. Like I had a woman on here who does the snuggly blanket company and she when she came in, videoed that she was doing this, videoed some of the logos. She said, I’m always looking for content because I have to fight to get myself out there like three times a day. Oh, it’s a.

Speaker1: [00:39:00] Hungry beast, those social media.

Sharon Cline: [00:39:02] Platforms. It is. And I think it would be even for myself, I need to kind of embrace that. I haven’t yet. So but it’s not something that I think about is perfect for everybody or their business. But I do see that social media uses video so much.

Speaker1: [00:39:15] That it really does.

Stone Payton: [00:39:16] And you can the other thing, once you have audio, you can still go you can you can lay video on top of it, B-roll, you can do really compelling images, Just.

Speaker1: [00:39:26] Do your logo.

Stone Payton: [00:39:27] Right. So all of those things and again, just like the technical equipment, those tools are getting easier and easier and less and less expensive to use. So, so, you know, that’s our take on audio and video. So we want to do what the client wants to do, but we feel an obligation to share our counsel with them about how to go about it. Now that being said, you know, I mentioned earlier how how prolific podcasting has become. Well, I’ll give you a sobering stat. Well over 80% of podcasts fail, meaning they produce three or fewer episodes and they don’t get the outcomes that they thought they were going to get. So they stop. Okay, that’s podcasts in general. Over 96% of business podcasts fail. For those that mean they they produce three or fewer episodes, they don’t get what they thought they were going to get. And again, it’s because they’re doing more storytelling is a big piece of it. And the other thing is they’re they’re following the old traditional terrestrial model of getting trying to to to get the message out to a gazillion people. Hope that and hope and pray that that some and they know it’s going to be a small group and often it’s not any group at all hoping that some of them will then hear it and then actually listen to it and then and then download their white paper and then and then sign up for their newsletter and then take a call and then book the demo and then have another conversation and then accept a proposal.

Stone Payton: [00:41:01] And so they’re trying to work this funnel from the very top. And again, it can be done. It has been done, but obviously it’s done, you know, three and a half or less percent of the time. And so that model, even if you even if you are doing all the things that I’m telling you about and canceling, if you take this extremely powerful platform and you do that, the chances, the likelihood of you being successful and getting a return on that investment and reaching your desired outcomes is, I mean, almost zero. I mean, it’s three and a half to, you know, less than 3.5%. However, as you’ve observed, and it’s probably true about a lot of tools, this is just the one I know if you use this platform to serve first, serve early, serve, often genuinely invest in the other person in the room, give them a chance to share their story, promote their work, tell you what’s on their heart, and aim it that way. I mean. I mean, it just always works.

Sharon Cline: [00:42:03] It’s crazy. It’s true because I have gotten voice over work and through through the relationships that I’ve made here. And it’s it’s a natural fit, too, because who they get to experience in my asking questions is really me. You know, I really don’t have a whole lot else to pull from. Like, I do have some notes sometimes, but really who you get to see is like who I genuinely am. And so it’s I’m not a mystery. I’m not like, you know, potentially a bad experience, I would hope. But I like that they already have a relationship with me. It’s just set, you know. And I think, like you were saying, they get to share their heart. You get to share who you are, and everyone really leaves happy. It’s it’s great. It works. And I love that I don’t have to worry about being on an island by myself trying to make my own little podcast work. I’m not I don’t know a whole lot about it. And I know you can learn and people do and they make it work. But for myself, the likelihood of of being consistent and sticking with it and not having the support that I have here, I don’t think it would have I don’t think it would do. I don’t I’m sorry. I just.

Speaker1: [00:43:05] You know, so I got to ask.

Stone Payton: [00:43:06] Once you establish that trust and credibility and you’ve got that that thing that just happens in here, do you ever, like, slip into any of your characters that you do for voice.

Speaker1: [00:43:14] Over? Like, because.

Stone Payton: [00:43:15] You’ve got all these accents, you’ve got these characters, you’ve got I mean, you have an incredible range of talent. Once, once you get the comfort level going, do you like slip into some of that stuff?

Sharon Cline: [00:43:23] Sometimes I do because I especially because I had a gentleman in here, Derrick Jensen, who is with Precision. It’s power washing. He’s from Boston. And I was just like, oh, no, I, you know, grew up in Massachusetts a good bit. So I totally was like, let’s get into let’s start saying wicked. Let’s just it was actually very fun because in speaking with him, it reminded me of my family members back home and it felt like I was speaking to my uncle or my brother or something. So it’s kind of crazy how you can identify and find commonalities between all kinds of different people because like I said, we are more alike than we are different. So it’s really fun to to highlight that part of it.

Stone Payton: [00:43:57] And the platform, of course, does facilitate all that. But the what we do and why we do it also attracts like minded people that have that same value system. I’ll give you a specific example. A gentleman by the name of Chris Creekmur Atlanta Drone Cleaning. He does the and he’s got like this, you know, big drone thingy that goes up and washes the buildings and the roofs and all that. Let me tell you what he organized. Now, this is a guy that is in this I’m I might use the wrong term power washing roof, washing, building, washing. He invited three other people in that business to come in here and talk about their business. They were all about trying to help each other, collaborating, working together on projects, referring. And and what I’m getting at is clearly Chris Creekmur is of that same ilk, right? He’s cut from the same cloth. His value system is so wholly consistent with with ours and what we’re trying to accomplish. So when you when you approach something like that and not only espouse the value, but you but you visibly live into it, oh, my goodness, you attract other people that are exactly the same way. And I mean, what a gift that is.

Sharon Cline: [00:45:07] That is because they could be competitors, right? They could.

Speaker1: [00:45:10] That’s how most people in most markets. Exactly how they would attack. Yeah.

Sharon Cline: [00:45:13] No, this is my job, my business, my market, my Woodstock, my whatever, my town. But there is room for everyone. And I just love the notion of that, which is what we talk about here on Fearless Formerly, too. We talk about how there is room for everyone in this business to have a space to succeed, to live their dream. It’s not like it’s abundant. You know, there’s there’s always going to be people who need a service. So I think one of the best parts about it is that energy of collaboration. And like I was speaking to, I want to say it was bananas and beehives who was here a couple of weeks ago. She was saying that there was a time during the pandemic where they one of the other businesses that’s got a sort of similar theme as hers across the street from her ran out of supplies and she provided the supplies. That is fantastic because they are all helping each other. Yeah, because we’re all just trying to and there’s plenty of opportunity.

Stone Payton: [00:46:07] And I’ll tell people that anyone who’s listening right now, if you think you want to get into the podcasting world, sit down with me. Let’s go have a beer. Look, I’d love to have you as a client, if that would make sense. And it would serve you. But if not, maybe you should be doing your own thing out of your house or. Or in your own space or whatever. I will open up my playbook. I will share with you because we’ve probably made every mistake you could possibly make over the last 18, 20 years. And we really have kind of refined the workflow. We’ve learned what what equipment to, to, to purchase and use. We’ve learned how to convert this into actually making money, which again, 96% have not. I mean, that’s a that’s a very sobering statistic. But man, can I could probably shrink the timeline and remove a lot of the friction for you, save you a lot of heartache. And I’m happy to do it that in no way if if helping you do podcasting the way you want to do it is somehow going to threaten my business. I got other problems. There’s something I’m not doing right. You know what I mean?

Speaker1: [00:47:11] I do. Yeah.

Sharon Cline: [00:47:12] I do. What I love, too, is that you’re so open to being able to share and you do genuinely want people to succeed walking down the street. I’ve always told you this. Walking down the street with you in Woodstock is like walking with the mayor. Like, you know, everyone. Everyone knows you and they all are just like, so happy. Oh, stone. And it’s like you’ve only been here, what, two years? Goodness. Like, I’ve lived in this town quite a while now. So it’s like, Oh, I got to take some notes from you, Stone But it’s because you do try to build relationships and help people genuinely want to help people and see them succeed.

Stone Payton: [00:47:41] I’m just selfish. I just want to be loved.

Speaker1: [00:47:45] I’m just trying to get somebody to buy me a beer. You know, if you’re.

Stone Payton: [00:47:48] Nice enough to people, they will buy you a beer, right?

Sharon Cline: [00:47:52] No, but like watching people succeed and that joy that you get in watching them succeed does come right back to you. So every time.

Speaker1: [00:48:00] Tenfold and.

Stone Payton: [00:48:01] Probably for most, at least in my case, for me, not in a way you would think like it’s almost never like a straight line. It seems like. But somehow, someway, it circles back in the weirdest way. You know, it’s amazing.

Sharon Cline: [00:48:13] Well, how could people get in touch with you? What is the best way?

Stone Payton: [00:48:16] So my direct line is (770) 335-2050. And you can text there as well. I’m a lot better about reading the text and responding to that than I am about picking up the phone. I’m off and on another call. I don’t often have my ringer up, but if I have my ringer up and I see it, I will grab it and say hello. But you can text that my email is stone s t o n e at Business RadioX dot com. If you want to learn what we’re more about, what we’re up to network wide, go to Business RadioX dot com. We got a lot of cool stuff up there. If you’re one of those aspiring podcasters, go check out Pro Tips. There’s a ton of stuff there that that can help you. All right. So that’s my that’s my phone text and email address if you’re interested at all in learning more about what we got cooking here with the Main Street Warriors program, go to Main Street warriors.org and reaching out to me in any of those ways, I’m quite sincere when I say, yeah, I’m happy to set up a zoom call. I’m happy to set know just a phone call, trade emails or whatever. But honestly, I just as soon head down and sit under the elm tree at Reformation, have a beer and talk it over. So and just.

Sharon Cline: [00:49:29] Get to know people too. Absolutely no obligation.

Stone Payton: [00:49:31] And if the weather’s good, I’ll show up in the golf cart and we’ll take a ride.

Sharon Cline: [00:49:36] And if anyone owns any twins out there.

Speaker1: [00:49:38] Yes, Yes.

Stone Payton: [00:49:39] Seriously, I am in search of twins.

Sharon Cline: [00:49:42] I really thank you so much for coming in here and chit chatting today because we haven’t had a time to really focus on on this since we started chit chatting at all last year. So thank you for your time and for being so generous with your spirit and energy and really having a joy to watch other people succeed that I know I feel when I get to be with you.

Speaker1: [00:50:00] So thank you.

Stone Payton: [00:50:01] Absolutely.

Speaker1: [00:50:02] My pleasure.

Sharon Cline: [00:50:03] All right, everyone, thanks for listening to Fearless Formula on Business RadioX. And again. This is Sharon Cline reminding you that with knowledge and understanding, we can all have our own fearless formula. Have a great day.

 

Tagged With: Business RadioX

BRX Pro Tip: My Favorite Reason for Hosting a Podcast

March 14, 2023 by angishields

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BRX Pro Tips
BRX Pro Tip: My Favorite Reason for Hosting a Podcast
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BRX Pro Tip: My Favorite Reason for Hosting a Podcast

Stone Payton: [00:00:00] And we are back with Business RadioX Pro Tips. Lee Kantor and Stone Payton here with you. Lee, you’ve been at this a minute. I’m sure you have several reasons for what you do. But what would you characterize as one of your favorite reasons to host a podcast?

Lee Kantor: [00:00:17] Yeah. My favorite reason to host the podcast that probably is the least measurable way to show ROI, but to me is probably the most valuable, is that I love learning new things. And hosting so many shows over the years has given me access to some of the smartest people that I’ve ever met. And I got to ask these people questions directly. I was talking to, you know, famous authors, speakers, leaders, people who have done amazing things and I’ve got to ask them questions that were important to me. And I’d get an answer that they would share with me, which I would share with all the listeners.

Lee Kantor: [00:00:56] But I think that that ability to get advice from experts is my favorite thing, and it’s something that we use kind of strategically in our business. Periodically, when we’re looking to get into a new area or looking to learn something, the first thing we’ll do is we’ll just spin up a show about that topic, and then start asking people and getting real intel from people that are doing it. Talking about it has helped our business grow quite a bit.

Lee Kantor: [00:01:26] And I think this is one of those things where it’s difficult to put a number in terms of ROI on, but it’s extremely valuable. Because the people that we’re communicating with and interviewing and meeting and building relationships with, these are people that folks would pay, you know, hundreds, thousands of dollars to just ask the same questions we got to ask them and get access to them in the manner that we got access to them. So, I think the vast majority of the knowledge I have and the knowledge that I share even in this podcast has come from people that I’ve interviewed in the past.

Are You Training Enough Prospectors

March 13, 2023 by angishields

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Kristine Grow with The Coalition for Medicare Choices

March 10, 2023 by angishields

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Kristine Grow with The Coalition for Medicare Choices
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Coalition-for-Medicare-Choice-logoKristine Grow is a spokesperson with the Coalition for Medicare Choices.

The Coalition is a national grassroots organization of 2 million Americans working together to protect what matters most to us.

With Coalition members in all 50 states, the District of Columbia, and Puerto Rico, we’re working together to protect and strengthen Medicare Advantage.

Resources:

https://www.medicare.gov/ 

Follow The Coalition for Medicare Choices on Facebook and Twitter.

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:04] Broadcasting live from the Business RadioX Studios in Atlanta, Georgia. It’s time for High Velocity Radio.

Stone Payton: [00:00:14] Welcome to the High Velocity Radio show, where we celebrate top performers producing better results in less time. This is Stone Payton with you this afternoon. Please join me in welcoming to the broadcast with Coalition for Medicare Choices, Ms. Kristine Grow. How are you?

Kristine Grow: [00:00:34] I am well. How are you today?

Stone Payton: [00:00:36] I am doing great. This is such a timely conversation for me for for reasons that will unveil here in a in a few moments. I’ve got a thousand questions. I know we won’t get to them all, but maybe a great place to start would be if you could articulate for for me and our listeners mission purpose. What are you and the coalition really out there trying to do for folks?

Kristine Grow: [00:01:00] Yeah, thanks very much for that question. So the Coalition for Medicare Choices represents millions of seniors from around the country who come together every year to let their lawmakers in the state and in Washington, D.C., know that Medicare Advantage is important for their health care coverage. It’s a great program that delivers very high satisfaction, very affordable, lots of great benefits, and it deserves to be protected.

Stone Payton: [00:01:26] Well, it sounds like a noble pursuit to me. So now I’ll tell you why it’s so timely. My wife, who has a real job with a little company called IBM, is looking to hang up her cleats before too long and she is 65. We are getting so much in the mail. We’re seeing so much on the television. So I got to tell my listening audience, if you want to get some great insight from some really smart people like Christine, get yourself a radio show. You can you can learn a lot. But maybe, you know, maybe that’s a great place to start is like, you know, the differences in in, you know, original Medicare and Medicare Advantage. And even for me, candidly, like there’s Medicaid and it sounds so similar. Can you just help us with some terms and some distinctions?

Kristine Grow: [00:02:12] Sure. So let’s talk first about the difference between Medicare and Medicaid. Medicare is a health care coverage program offered by the federal government that covers Americans who are 65 years old or older or who have certain illnesses or disabilities. For example, one of the ones that people are most familiar with is if you have end stage renal disease, you’re eligible for Medicare. Medicaid is a state run program. It’s actually a partnership between the federal and state governments that covers low income Americans. So if you have a family or household income that is below a certain threshold, you qualify for Medicaid coverage. Now, it is possible that you could qualify for both programs. You may be over the age of 65, for example, and may have a low household income. And that case you may qualify for both Medicare and Medicaid, which would make you something that we call a dual eligible, which means you are duly eligible for both programs.

Stone Payton: [00:03:16] All right. And so you got original Medicare and you got this Medicare Advantage. Talk about that distinction a little bit.

Kristine Grow: [00:03:24] Sure. So when you become eligible for Medicare, you have a choice. You can choose what coverage you enroll in. Medicare Part A and Part B are both part of what’s called original Medicare, and that is the basic Medicare program. Medicare Part A covers a good chunk of hospitalization costs. Medicare Part B covers a good chunk of many doctor’s services and visits, but they don’t cover everything. For example, they don’t cover prescription drugs. They don’t cover dental hearing or vision. They don’t cover a coordinated care or coordinated special care programs for different chronic conditions such as diabetes or heart conditions or those such things. And that’s why a lot of seniors choose Medicare Advantage, because Medicare Advantage covers what original Medicare does. Plus a whole lot more. So it covers the vast majority of these plans, cover things like prescription drug coverage, dental vision, hearing, preventive care services like screenings and vaccinations for things like the flu. They do coordinated care, which just helps you kind of get all of your doctors and care providers talking to each other so that you get the best of of all that collective insight. Many of them also offer programs to help you manage some of these chronic conditions to help you get better, faster and stay healthier longer. So as a result of all that, what we’re finding today is that more than 30 million seniors and people with disabilities are choosing Medicare Advantage for their coverage. And when our coalition surveys senior voters who choose Medicare Advantage, we find that 94% of them are satisfied with their Medicare Advantage coverage. 93% say they would recommend it to their friends and their family. So this is a really important coverage choice for a lot of Americans. And it’s getting more and more popular. It’s very affordable and it brings them a lot of value.

Stone Payton: [00:05:22] Well, you had me at prescriptions, I got to tell you. So. So take me back to the beginning. What’s the back story on you? How did you get involved in this kind of work?

Kristine Grow: [00:05:33] Well, I’ve been involved in health care for more than a decade now. But, you know, because of this Medicare Advantage program is such an important partnership between the federal government and the private market, the health insurance providers who offer plans that your wife may be familiar with having employer provided coverage. You know, this is a program that encourages innovation. It is competitively bid every year. It encourages the health insurance providers to come up with more creative solutions for improving value, lowering the overall cost for better outcomes. And all of that is just really attractive. And being able to talk about that to an audience and being able to represent the interests of millions of seniors, that’s a pretty exciting opportunity.

Stone Payton: [00:06:20] Yeah. So what are you finding are the most popular benefits? Like what are the seniors most fired up about and really excited about in terms of the benefits here recently?

Kristine Grow: [00:06:32] There are two that they particularly say are very important to them. One is their preventive care services. As I mentioned, it’s things like health screenings, vaccinations, testing for illnesses or other conditions to make sure that they’re identifying illnesses or chronic conditions early and intervening early so that you can get a little bit healthier and avoid hospital visits. Nobody wants to end up in the hospital and nobody wants to end up in a in a clinical setting if they can help it. We find that 9 in 10 of those who have Medicare Advantage are satisfied with their preventive services. Likewise, we find that 9 in 10 senior voters are satisfied with the prescription drug coverage that they get through Medicare Advantage. So when you think about how frustrating the very high cost of prescription drugs can be, that is a really remarkable number. And that’s because these health insurance providers are negotiating lower prices with the pharmaceutical companies. They can represent the individual senior that way, lower their costs, protect them throughout the year as they continue to get different medications. So those are the two that really rise to the top for a lot of seniors.

Stone Payton: [00:07:44] I’ve got to believe you must sleep really well at night knowing that you’re that you’re doing for for these these kinds of things, for these folks. What are you finding the most rewarding? What do you enjoy the most about the work?

Kristine Grow: [00:07:59] I think it’s really hearing from the seniors, what’s important to them and their personal stories. You know, we hear everything from, you know, people who are very well on their wellness journey, and they may take fitness classes, for example, or they may have a very active lifestyle and. And Medicare Advantage plans allows them to continue that very healthy lifestyle and they’re able to do really amazing things. On the other hand, I also get to hear the stories about people who have been very, very sick or have had very serious health conditions in the past, and their Medicare Advantage plans have been able to help them get the care that they need, get the doctors that they need, help them to get better, to recover, to go into remission, you know, and just knowing that their health care coverage is there for them and that they really appreciate that value. I mean, that’s very rewarding. And when they come forward in millions and say that they want this program to be protected, you know, I’m happy to be part of that protection for them.

Stone Payton: [00:08:56] Well, you’ve mentioned, you know, there is a a I guess you would call it a political dimension to this. Right. You have to advocate for this to not only secure the protection that’s been won, but in some cases try to try to expand that, right?

Kristine Grow: [00:09:12] That’s right. And the way that happens is it’s a couple of ways. First, it is a federal government program, which means that every year the federal government and that’s the administration that’s led by the White House, is making decisions about how much the federal government is going to invest in the Medicare Advantage program for the next year. And that happens very early, because then health insurance providers look at that information and they create their plans based on that. So they want to offer these plans for as low cost as possible to seniors with the greatest benefits. This this is a program that has had very strong bipartisan support historically, and the cost of the program are very affordable. The average premium for a medicare Advantage plan is just $18 a month. And a lot of seniors are able to get it for $0 additional premium a month beyond what they pay for original Medicare. So it’s really important. But what we’re finding this year during this time that they’re determining rates for 2024 is that the administration seems to be making cuts to the program, and that means billions of dollars that will not go into the program for next year, which we’re very concerned will mean higher premiums and fewer benefits for seniors and people with disabilities. At a time that the Medicare trustees are projecting that health care costs for Medicare enrollees will go up an average of about 5% in 2024. That’s just the wrong direction. So we’re letting the White House know and the administration know Medicare Advantage deserves to be protected and it shouldn’t be cut.

Stone Payton: [00:10:52] Well, we’re certainly blessed to have you and the coalition working on these issues. What, if anything, can the layperson, you know, like like what can me and Holly and folks like us do? Should we be talking to our local politicians or.

Kristine Grow: [00:11:09] Absolutely. And I would say, Stone, that your voice is more important than mine. And because you have the you are the constituents of the members of Congress and the administration. And what we are encouraging people to do who care about this program is reach out to your members of Congress. Let them know how important Medicare Advantage is to you. Reach out to the White House and let the administration know how important it is to you. Our coalition has some very important tools that allow people to make that kind of outreach very quickly and easily. So if you’re interested in learning more about this and how you can help, we’d encourage folks to visit us on our website at Medicare choices.org.

Stone Payton: [00:11:51] Well, that’s an important resource, I think I confess to you early on. I mean, at this stage, at least prior to this conversation, I got to be candid, Holly and I both I’ll even use the word intimidated, but certainly confused and haven’t really dived into the information, I guess, already, kind of a preconceived notion that we’re going to get misinformation. And I’m sure there is some misinformation, misconceptions floating around out there. But with this centralized resource, I would think that would be incredibly helpful.

Kristine Grow: [00:12:24] Yeah, I would say it’s very important to our coalition that people get trusted, reliable information that helps them make decisions about Medicare coverage. The federal government actually has a really good website at Medicare.gov that provides some very easy to understand and easy to navigate information about how the Medicare program works. They have a tool on there called Medicare Plan Finder that you can use, especially during open enrollment, to help you make a choice that makes sense for you. Our coalition website, I mean, certainly we’re not encourage anybody to make any certain buying decisions. But if you want to hear the stories about the seniors who have chosen Medicare Advantage and just learn more about the general program, we have a lot of stories and resources on our site.

Stone Payton: [00:13:11] Well, that is good to know. And before we wrap, we’re going to make sure that we get those URLs, those websites again, and we’re going to make sure that we publish those when we publish this interview. Another thing I’ll just confess to you here again, real time. You mentioned a figure of $18 a month. I guess one of my preconceived notions was that this was going to be terribly expensive and it doesn’t sound like it is.

Kristine Grow: [00:13:35] Well, it isn’t. And I think that’s a good point because the program is so competitive. You know, these health insurance providers want the business of the seniors and they want to serve them well and they want to make sure that they’re offering seniors a plan that they’re going to value. So because we’ve got so much robust competition in the market, they are working very hard to negotiate the lowest prices and the best benefits of the lowest prices. You know, this is a program that has been working for years. The members of Congress and the administration have designed this program to work really well. It gets better and better every single year for seniors. Now, at a time where we have more people who are aging into Medicare eligibility, you know, it deserves to be protected so that it can continue to deliver that sort of value.

Stone Payton: [00:14:20] I got to tell you, my wife, Holly, rarely listens to any of my shows, and there are plenty to choose from. But I guarantee you she’s going to want to listen in on this interview and go to these websites. All right. Before we wrap, if there are any tips on things we should be reading, not reading. It sounds like we’ve already got two great resources that you mentioned. And let’s make sure that people do have those websites and any any other points of contact ways to connect and tap into this work. That would be incredibly helpful.

Kristine Grow: [00:14:52] Absolutely. So you can reach our coalition at Medicare choices.org. We have a lot of information and tools there available for you to learn more generally about the Medicare program. You can go to medicare.gov and to reach out to have your voice heard on this issue. We encourage you to reach out to your senators offices, reach out to your representatives, and reach out to the White House to let them know.

Stone Payton: [00:15:16] Well, Christine, it has been an absolute delight having you on the show this afternoon. I got to tell you, it’s been one of the the more informative and I’ll even say inspiring segments that we’ve had in a long time. This is incredibly helpful to me personally. Keep up the good work what you and your and your group are doing. It’s so important. And I just I can’t thank you enough for joining us.

Kristine Grow: [00:15:42] Well, thank you so much for having me. I really appreciate the opportunity.

Stone Payton: [00:15:46] Well, it is my pleasure. All right. Until next time, this is Stone Payton for our guest today, Christine Grove with Coalition for Medicare Choices. And everyone here at the Business RadioX family saying we’ll see you in the fast lane.

 

Tagged With: Coalition for Medicare Choice

BRX Pro Tip: Seek Out Opportunities. Don’t Wait

March 10, 2023 by angishields

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BRX Pro Tips
BRX Pro Tip: Seek Out Opportunities. Don't Wait
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BRX Pro Tip: Seek Out Opportunities. Don’t Wait

Stone Payton: [00:00:00] Welcome back to Business RadioX Pro Tips. Stone Payton and Lee Kantor here with you. Lee, you know, two of our five core values at the Business RadioX Network are speed and action. And this discipline really speaks to that, and I know you’re a big proponent of this, seek out opportunities, don’t wait.

Lee Kantor: [00:00:21] Right. This is one of those things where Business RadioX does solve two problems in one swing here, because we do help our people reach out to folks on a regular basis in a systematic way, and help them meet the people they got to meet, and do it in a way that’s non-salesy. That it’s just super elegant and helps people out.

Lee Kantor: [00:00:42] So, you have to spend time every week doing some type of prospecting. You have to identify the people you need to know better. You have to know who they are. Because if these people can move the needle in your business, you have to figure out a way to connect with them. And then, you have to figure out a way to build a relationship to see if they are a viable partner that can really help your business.

Lee Kantor: [00:01:05] And if you’re not doing this on purpose every single week, how else is it going to happen? Are you just hoping they’re just going to find you just by chance? You have to have some sort of a system or process that puts you in front of the people most important to you.

Lee Kantor: [00:01:21] And, you know, like we were saying earlier, Business RadioX does this every day. This is how we help our clients meet, and serve, and build relationships with the people most important to them. We do this in our system by inviting them on shows. Every week, we have outreach that are helping our clients and ourselves meet the people we need to meet by inviting them on a show to help them tell their story, to put them in a position to give them a voice so that we can help them get the word out about the work they’re doing.

Lee Kantor: [00:01:50] But, also, so we can meet them and know, Are these people worth partnering with? Are these the right fit for us? Is this somebody that we might be able to do business with down the road? Is this somebody who other people that we know should meet?

Lee Kantor: [00:02:05] So, if you’re just waiting to have, you know, people pop into your funnel or your pipeline, it’s not going to work. You have to take action. You have to be doing some activity every single week in order to meet the people you need to meet to grow your business. And if you’re having a problem with this area, if you’re struggling with it and you don’t know how to go about doing it, contact Business RadioX, because we do this every single day, we can deliver measurable results fast.

Negotiating for Talent

March 10, 2023 by angishields

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Staff Sergeant Raymond Aguilar and Airman Devin Powell with the U.S. Air Force

March 9, 2023 by angishields

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Cherokee Business Radio
Staff Sergeant Raymond Aguilar and Airman Devin Powell with the U.S. Air Force
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Today’s Episode is Sponsored By:

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Staff-Sergeant-Raymond-Aguilar-US-Air-Force-and-Airman-Devin-Powell-featureStaff Sergeant Raymond Aguilar, U.S. Air Force

Airman Devin Powell

This transcript is machine transcribed by Sonix

 

TRANSCRIPT

Intro: [00:00:07] Broadcasting live from the Business RadioX Studios in Woodstock, Georgia. It’s time for Cherokee Business Radio. Now, here’s your host.

Stone Payton: [00:00:24] Welcome to another exciting and informative edition of Cherokee Business Radio. Stone Payton here with you this morning. And today’s episode is brought to you in part by our local small business initiative, the Business RadioX Main Street Warriors. Defending capitalism, promoting small business and supporting our local community. For more information, go to. Main Street Warriors dot org and a special note of thanks to our title sponsor for the Cherokee chapter of Main Street Warriors, Diesel David Inc. Please go check them out at Diesel. David.com. Please join me in welcoming to the broadcast, no stranger to the Business RadioX microphone,Staff Sergeant with a little organization you may have heard called the United States Air Force, Mister Raymond Aguilar. How you been, man?

Raymond Aguilar : [00:01:16] I’ve been doing good,man. Thank you for having me again.

Stone Payton: [00:01:18] Oh, what a delight to have you back in the studio. For those listeners who did not hear our episode, tell them a little bit about what you’re out there trying to do for folks. What is your mission and purpose in this work?

Raymond Aguilar : [00:01:31] Yeah, so I am an active duty United States Air Force recruiter. I am my office located in Marietta, Georgia, right there on Whitlock Ave next to Marietta High School. And for me, it’s just to promote the United States Air Force as a whole, understanding to where people are trying to change their lives for the good. Some people need structure, discipline, anything like that to just better themselves or just overall goals that they need help achieving. So for me, I try to help them out the best way I can listen to what their concerns are and if they’re a good fit and if their goals are achievable through the United States Air Force. I am a, you know, a shepherd to lead them to the right way. So I try to help them out the best way I can. When it comes to that.

Stone Payton: [00:02:19] It sounds like great work. It’s got to be incredibly rewarding. How did it all get started for you? Were you recruited early? So because you look young to me, man. Yeah.

Raymond Aguilar : [00:02:29] Don’t let the gray hair fool you, I guess, right? Well, like, at first it was just like, okay, so I didn’t join right out of high school because I was like, okay, I just want to, you know, work, go to the workforce and, you know, hang out with my friends because I didn’t want to leave home. And it was always that stipulation like, no, this is where I’m comfortable.

Stone Payton: [00:02:48] Right, Right.

Raymond Aguilar : [00:02:49] And I waited about four years and then I was like, okay, I need to do something. I need a career, something that I feel like a sense of pride, nothing that I mean, I was a waiter, nothing against like people who are waiting tables or anything like that. I just felt like I needed to do something more. I was making good money. I interacted with the groups pretty well, like I had a great time, but again, I needed something more. So I reached out to an Air Force recruiter. It was hard because there’s very few of them out there. They don’t cover a wide range. They cover a wide range of area, but there’s not that many. So the other branches have multiple recruiters in a smaller area. So we’re always competing against that, right? So right. But in high school, I never got the, Uh, let’s say, I got hit up by the Army, the Marines, Navy, everyone but the Air Force.

Raymond Aguilar : [00:03:49] And I thought, did I not qualify? Like, why not? I had the decent scores and stuff, so I’m like, why am I getting, you know, I wouldn’t say ambushed, but why is there more interest than the other branches and not this one? So I went out to the Air Force when I had time just to kind of elaborate things, and I simply just like, Hey, this is what I want to do. The recruiter helped me out and say, Hey, you need to do X, Y and Z. I accomplish all what I needed to do. And then 11 years later, here I am. So was there a point at which you were thinking to yourself and weighing because you were aware of these other opportunities, weighing one branch against the other, and you said, You know what, I’m leaning to the Air Force because I like this or I don’t like this about another branch. Was there like a something that said, Yeah, I’m going Air Force? Or was it because they were hard to get? It was it was really that for me, it was just like, right.

Raymond Aguilar : [00:04:43] Like if I’m good enough for all these, what makes me not good enough for this branch? So for me, it was almost like a challenge. Like now I want to prove to you that, hey, I should be good enough. Like, and it’s not the fact that I was like, good enough as like, No, you’re not good enough. It’s just the fact that there wasn’t that many people or that recruiter was like, Yeah, man, like, I’ll help you out. Like it was. I would say for me, it was the big thing of an opportunity to travel. Education was a big thing because Air Force values education. And then the fact is that you are going into as soon as you sign up for the Air Force, you’re joining you’re enrolled in college right away. Wow. Yeah. So it’s just one of those things that I’m not just joining the military just to join, but I’m also gaining educational benefits from that to be able to at least come away from it because the military is just temporary. I want to make sure I come away with something else as well.

Stone Payton: [00:05:39] So you mentioned a couple of times about the recruiter helping out, and that really is a big part of the job, right, is to help the new recruit navigate and get qualified or talk a little bit about that.

Raymond Aguilar : [00:05:51] So it’s a main thing is like understanding like for someone who was in high school or, you know, a graduate or if they’re not a graduate or if they’re not a US citizen or if they went overseas like they got their education overseas. They’re not from this country. There’s so many things that it’s usually like it’s easier, obviously, if you’re from this country and you are coming right out of high school, you just need driver’s license, Social Security card, birth certificate, high school diploma. If you’re a high school senior, you just need the three. You don’t obviously you don’t have your high school diploma just yet. Right. But to get the process started, you need all these things non US citizens, you know, you need to have you need to have at least your residency card because if they have a visa, I can’t work with that. It’s just not just me. It’s just my hands are tied, right? So overseas education, we have to get overseas education validated through our system. And if it’s not in our system that someone has joined from that school, we have to get it, make sure it’s validated to where it’s under US standards. So it just depends. Let’s see.

Stone Payton: [00:06:56] You kind of help them, at least coach them up on getting physically ready and prepared for that initial training.

Raymond Aguilar : [00:07:02] Yeah, for the most part, it’s like at basic training, like we just have them focus on mile and a half run push ups and sit ups. So that’s for us, that’s what they need to do. So making sure that they’re aware of those things. We also have the late entry program app. So once they are waiting for a job, there’s the delayed entry program app that we’re actually says, you know, if you’re not used to physical activity, it gives you a workout plan to be able to kind of like, yeah, go especially for the time of COVID. Some people weren’t out and about and doing those things. So it does kind of gives you more of a almost like a couch to five K routine to where build up slowly, make sure you’re not hurting yourself, but also take care of yourself for the long term. Yeah.

Stone Payton: [00:07:46] All right. You brought one of your rock stars with you, right, man? Introduce our other guest and let’s get let’s let’s, let’s get it from his perspective. Yeah.

Raymond Aguilar : [00:07:54] So I brought with me Airman First Class Devin Powell. Met him a while back. And like you said, he came back for a recruiter’s assistance program to kind of help me out. It’s been exceptional. And like from the get go, like Devin, if you want to speak about your experience from your from the beginning when we first met.

Stone Payton: [00:08:15] Well, first of all, I got I’m fact checking, man. Has it truly been exceptional? Yes. Or is he just talking about you being exceptional?

Devin Powell: [00:08:22] No, no. It’s been a little bit of both, man. He’s not a bad guy. It’s been an overall very good process. Again, I had to kind of like what he was saying earlier. You know, I never really had Air Force recruiters, you know, reach out to me. I had to, you know, do the investigation myself and look into finding people. And that’s how, you know, this whole process started.

Stone Payton: [00:08:48] So you say when you were had to do the investigation yourself, you must have been motivated, though, at that point already to find out something. Was there was there a catalytic moment in your life or something that said, you know what, I’m really going to consider going into the military, so I’m going to start looking into this.

Devin Powell: [00:09:04] Yeah, So it started when we actually first moved to Georgia. I joined JROTC as a freshman and it actually wasn’t really my choice. I was kind of persuaded by my mom. She shout out to Mom, Way to go, Mom. Yeah, she she’s the one who persuaded me to to join. I was like, Oh, I’ll try it out. But I wasn’t really going for it. And then I actually really liked the program and I stuck through the program for four years and then I went to college for a little bit. But while I was there, I was like, you know, I don’t know if this is really, you know, what I want to be doing. And I always knew the military was kind of like my my second option. And then I made the decision after like a year and a half of in college, you know, I was like, all right, I think I’m going to, you know, join join the Air Force. And I was, you know, working jobs at the time. And I was like, yeah, I definitely don’t want to be working at a at Publix for for, you know, six, seven more, more years.

Stone Payton: [00:10:06] So so there goes my public sponsorship. Thank you very much. So no, in my, you know, my whole frame of reference for all this is the movies. Right. So I figured that that Raymond found you a hustling pool at some pool hall and said, Hey, kid, there’s a better life out there.

Raymond Aguilar : [00:10:23] It wasn’t too bad. It was just like whenever he first reached out, I’m like, okay, fine. He had the support system. I think your mom and your brothers and sisters or your brothers all came in and stuff. So like, I had this whole family come in. I’m like, Oh, this is cool. So for me, I like that. Like, it shows the whole family.

Stone Payton: [00:10:41] Came in the office.

Raymond Aguilar : [00:10:41] Yeah. Yeah. I think your dad was in the waiting room. Yeah. So it was like it was more of like, there’s support there. Like, they encouraged this decision. So for him, he already had the buy in to where it’s like, okay, let me just go see and see if what I could do. His family is so supportive. And I mean. I wish there was other families like that that support, you know, their their child going in because they think the military is scary or at least for the Air Force, they think it’s scary. But I mean, for the most part, it’s just. His his parents trusted me, a total stranger to make sure I take care of them. I do that for anyone that I can. That comes in because I knew at my point I wanted to make sure I’m getting the right information. His family is great. And he has he is he has an awesome support system.

Stone Payton: [00:11:32] Okay. So you have this this family powwow. And then do we commit there or do we go back home over dinner and talk? Talk it over. So keep us going.

Devin Powell: [00:11:41] So what happened was, you know, I kindly like in my mind, I had already made made the decision. You know, in my mind, I was already in the Air Force. But, you know, I still had to, you know, take the steps to get there. Um, so over the course, I think it was about like 4 or 5 months I had to, you know, work out and, you know, meet the weight standards and, you know, take my ASVAB.

Stone Payton: [00:12:04] You have to gain or lose. I had.

Devin Powell: [00:12:07] To lose. Yeah. Okay.

Raymond Aguilar : [00:12:08] I did think it was much, but it was just a little bit to make sure that he was able to ship out. It was more precautionary, but he was he was already doing those things, running and everything. And he informed me that right away. So the motivation was there. So I knew like, okay, let’s let’s keep this motivation going. So.

Stone Payton: [00:12:26] Yeah. All right. So go ahead. So you took the time to start really getting ready?

Devin Powell: [00:12:30] Yeah. And then and I think it was around July, I want to say, when I signed my contract. And then at that point, I was waiting just to receive my job. And it was actually on my youngest brother’s birthday because I have three younger siblings. Sergeant Aguilar called me and he told me the job that I had got. So I was really, really excited about that.

Raymond Aguilar : [00:12:54] Yeah, I think your mom, like, screamed in the background too, because.

Devin Powell: [00:12:57] I think so. I think so, yeah.

Raymond Aguilar : [00:12:58] Because she was like, Yeah.

Stone Payton: [00:13:00] So do you typically find that out before you even get going or is that not always the case?

Raymond Aguilar : [00:13:04] It’s not always the case because it just depends on when the jobs are available. I try to like what we do. We do a list of ten jobs and you’re guaranteed one of those ten jobs. I always advocate for the applicants that are coming in. Do your research. Don’t just take my word for it. The same stuff that I am saying you can find on Google unless there’s certain jobs on like top secret clearance and stuff that they’re not allowed to be on, you know, Google per the, you know, information security. But at the same time, it’s like do the research. It just shows that you are motivated and that’s what you want to do. And it’s an important decision for your life. Yeah. So you should take a little bit of consideration and want to like care about it a little bit. And Devin was doing that ten fold.

Stone Payton: [00:13:51] And so you were happy with the with the job selection?

Devin Powell: [00:13:54] Yes, I actually so going into it, it was refueler bomber, aircraft maintenance and going into it. I wanted to be a bomber. I wanted to work on bombers, specifically the B-1 Lancer. It’s a really it’s a supersonic bomber. And I ended up getting refueler. So, you know, I was like I was kind of bummed out about that. But then when I found out the base that I’m going to is actually back in my home state of Florida. So I’m really happy and blessed that, you know, it all worked out. So yeah.

Stone Payton: [00:14:33] All right. So where are we in the process right now? As of today?

Devin Powell: [00:14:35] So so right now, I actually just graduated tech school. I just left Sheppard Air Force Base in Wichita Falls, Texas, about a week ago now. And, you know, like you said, I’m helping him on on rap. And I just graduated, I guess, from a really basically not knowing anything. So now I have a basic understanding of how my aircraft works. So I’ll get the rest of my training when I go down to Tampa and start actually working on my aircraft.

Stone Payton: [00:15:06] You get to go down to Tampa. Man, it sounds like hard. That’s beautiful. Good for you, man. Sarge got you hooked up, didn’t you?

Devin Powell: [00:15:12] I’m excited. I got I definitely got really lucky with my my base assignment because a lot of my peers, I’m the only one going to Florida in my class. And I want to say from like, the beginning of January, all the way up until like May, I saw a list of names going down to the same base as me, and there was only about like 12 people. And each graduating class has, you know, anywhere from 5 to 7 people. And a lot of people actually end up going to Kansas. So nothing against McConnell, but I’ve never been there and I definitely like Tampa a lot more.

Stone Payton: [00:15:49] It sounds exciting. So military class, what are the differences, if any, in attending military kind of classes and classes like you did in the public school system or other things?

Devin Powell: [00:16:02] So honestly, there really wasn’t much of a difference. It was really similar to my college class, especially in the in basic training, because we do get college credits for some of the classes that we do take, and it’s set up very much the same as it is in college. You know, you want to take notes and study and prepare and stuff like that, but honestly, there’s not not too much of a difference. The only difference is you’re in the Air Force.

Stone Payton: [00:16:29] Yeah. And then the food, do they feed you or are you on your own for food? How’s that part work?

Devin Powell: [00:16:34] So for the for the while I want to say for like the past like six months, it was like I guess automatically, you know, deducted out of my check and we can eat at the defect.

Raymond Aguilar : [00:16:48] The defect is a dining facility that they’re okay.

Devin Powell: [00:16:51] And, you know, that was really nice. I was able to get breakfast, lunch and dinner and basically eat as much as you want. There really wasn’t much of a limit. What was like.

Raymond Aguilar : [00:17:02] A favorite day? Like did they have a certain day that they were like, Oh, this.

Devin Powell: [00:17:05] Food is It was when they had the brisket. They had really good brisket.

Speaker5: [00:17:09] In Texas like you got.

Devin Powell: [00:17:11] Yeah, yeah. The brisket. The brisket was really good. Um, so it.

Stone Payton: [00:17:15] Wasn’t like mashed, you know, again, my whole frame of reference is TV and film, right?

Devin Powell: [00:17:19] Oh, yeah. No, no, it’s definitely. It’s definitely a lot better than what the TV makes it seem, especially being in the Air Force. Like, you know, a lot of our facilities are just up kept to like a higher standard, which I think is pretty cool. You know, it’s nice.

Stone Payton: [00:17:41] And strikes me as a great place to to cultivate some new friendships.

Devin Powell: [00:17:45] Too. Yes. Yes. I actually made a lot of great friends. I now have, you know, friends in Germany, South Korea, Washington. And how old are you? 20.

Stone Payton: [00:17:58] 20 years old. And he’s got friends all over the world.

Speaker5: [00:18:00] Yes. So the fact is that you.

Raymond Aguilar : [00:18:02] Have or know somebody there and be like you get 30 days a year for paid leave. So if you know somebody in Germany, be like, Yo, I’m going to hit you up. Like, we can go kick it and like, you know, spangdahlem or, you know, wherever.

Devin Powell: [00:18:15] Yeah, that’s where that’s where he is. Yeah.

Raymond Aguilar : [00:18:17] Yeah. So it just depends on where you want to go because it’s like you go and travel and just you need somebody to it’s easier when you know, somebody like, Hey, meet me at the airport, show me where to go. You already have somebody not I wouldn’t say almost like local because they already know where to go. So. Sure. I mean, why not?

Stone Payton: [00:18:38] Absolutely. All right. So now you’re you’re you’re hanging out with with with Sarge here and you’re learning the recruiting business and all of that. And then in a few weeks, a few months, you’ll go to Tampa. What’s the timeline? Yeah.

Devin Powell: [00:18:51] So I’ll be going down to Tampa in about like a week and a half.

Stone Payton: [00:18:54] Oh, wow.

Devin Powell: [00:18:55] Pretty soon. Yes, sir. Yep. And, um, yeah, I’ll just start my training in processing all that fun stuff and actually get start working on my aircraft. So for my job, you can either be on the flight line or the back shop. So I actually got the back shop, which is called Inspection Dock. So it’s where they do in-depth maintenance on the aircraft. So that’s usually where they’ll take, you know, take a part, you know, really crucial components of the aircraft take apart the whole landing gear, you know, says for damage cracks and look for things like that. So I’m excited.

Stone Payton: [00:19:30] I would be excited, too. Yeah. And you got. To be excited for him. You must just be beaming with pride. Your chest has to be swollen.

Speaker5: [00:19:36] Yeah, like it’s just like when you.

Raymond Aguilar : [00:19:39] Fine, like the person who wants to do these things and create something for themselves and become independent and stuff, but still have that support system. He is going through this every step of the way. It wasn’t all smooth. I mean, you there were some issues at tech school where he learned his job. He had to go to the hospital and get everything squared away. Ouch. Yeah, not too bad. But he was taking care of. Yeah, it.

Speaker5: [00:20:04] Was. It was.

Raymond Aguilar : [00:20:05] But it was just one of those things that at the end of the day, you knew you’re you’re taking care of. And for him, I’m extremely happy for him. I’m extremely happy for the family. They’re so supportive. I can’t like, I’m telling you, I wish there was more family like that.

Stone Payton: [00:20:20] So, yeah, it sounds to me like one of the things that you seem to be very committed to is before you sort of put them through the process officially, you do everything you can to make sure that that this person is ready, that they’re right for this, that they that they’re going in eyes wide open and that they know what to do to prepare properly. The last thing you want to do is just get another check mark right. And then just send another name.

Raymond Aguilar : [00:20:46] Yeah. Like for me, it was like, I am not about that. I try to help every individual out the best way that I can. And the thing is, like like Devin, he’s his own person. He knows what he wants to do. He wants to do those things. His mindset already, like, keep that mindset. I want to be able to for him to be able to cultivate more ideas, to be his individual self, that could potentially change the Air Force for the future. So why not keep that idea and keep that motivation going and then it could be infectious to other people? So if I see that someone’s motivated and he really loves his job, he’s going to affect other people in the Air Force for the greater good.

Speaker5: [00:21:29] Yeah.

Raymond Aguilar : [00:21:29] So a ripple. A ripple effect.

Stone Payton: [00:21:31] Yeah. All right. So my impression is that there’s tremendous growth opportunity in this kind of environment. So if we get two years down the road, five years down the road, Devin swings through town in his new Corvette or whatever. I don’t. Yeah, Or maybe he flies his own little Cessna in because. Yeah, you never know. He’s going to have a higher rank, higher pay, more responsibility. Talk to me a little bit about. Well, and I’ll do it from your perspective at first, like what could that look like? Or have you already been putting a lot of thought into sort of that map?

Devin Powell: [00:22:04] Yeah. So I actually have so it was around like my sophomore year of high school being in JROTC. At that point, I kind of realized, you know, I want to commission as an officer. So once I did research on that, I was like, okay, you know, this is what I want to do. And I know there’s a lot of different routes to commissioning. And, you know, once I realized that, I was like, okay, you know, this is what I want to do. And then, you know, I was like, all right, you know, I’m going to join the Air Force. And then it’s just one step at a time. Um, and it’s been a lot of a lot of growth in the past, like six months since I’ve about, since, since I’ve joined. Um, so yeah.

Speaker5: [00:22:51] Yeah. So, I mean, yeah, overall is just like. He has a goal.

Raymond Aguilar : [00:22:55] Like when I first met him, like he that was his plan to get his college degree because he did a year and some change in college already. So he has those college credits.

Speaker5: [00:23:03] I do so to be able to like, okay.

Raymond Aguilar : [00:23:06] Transfer that, get his bachelor’s degree or first he’ll be getting his CAF, which is Community College of the Air Force, which is associated science like applied science. Yeah. For his particular engineering degree, he will then transfer that to his bachelor’s degree and continue working on whatever he wants to work on. And then that particular bachelor’s degree will translate to becoming an officer for the United States Air Force. Because at that point, like I said, Devin’s a very motivated guy and, you know, he’s doing this. He’s going to becoming an officer and understanding what enlisted issues are. So him himself, by being a great follower, he will be a great leader in the future as well. And I’ll salute him as soon as he becomes an officer.

Stone Payton: [00:23:47] Is that how that works?

Speaker5: [00:23:48] Oh yeah, yeah, yeah. Oh yeah. I’ll render him a salute for sure.

Stone Payton: [00:23:52] I’ll be doing all right. So it seems like there’s this major point in the timeline when you when you have that that first thing under your belt and now you’re going to it applies to the to the BS, the Bachelor, the bachelor’s degree. And then if you want to, you can you’ve got some broader choices about where to take that field of interest.

Raymond Aguilar : [00:24:13] Yeah, it just depends on what he wants to do later on in life. And then like like I said, all this is paid for. Like, none of this is coming out of his pocket.

Speaker5: [00:24:21] Yes.

Devin Powell: [00:24:21] Yeah, yeah, that’s the that’s the best part. Because I did, you know, even though I was in college for a short amount of time, I did rack up some, you know, student loans. So, you know, I’m so grateful now that I’m in and I joined when I did, it was definitely better that I joined sooner rather than later because, you know, now moving forward, I can take my college classes and I’m not going to have to worry about, you know, racking up any more debt or anything like that.

Stone Payton: [00:24:50] And you are already getting a paycheck or you’re going to get a paycheck soon. Yes. So take it from two old men here. I’m sorry you got a little bit of debt, but take it from two old men going forward, pay cash and only cry once, right? Isn’t that our cash?

Speaker5: [00:25:04] Yeah. I mean, like, it’s.

Raymond Aguilar : [00:25:06] It’s good because you’re like, okay, financially, how do I do this?

Speaker5: [00:25:10] Or. Yeah. To be able to do everything or so.

Raymond Aguilar : [00:25:12] Many to.

Speaker5: [00:25:13] Focus on.

Raymond Aguilar : [00:25:13] So many different avenues of your job, college, social life and stuff like.

Speaker5: [00:25:18] That. Like you said, he, he has the support and then the.

Raymond Aguilar : [00:25:24] To be able to understand where he can go in that avenue to where if he needed help, he knows who he can go to. Like I said, there’s different agencies and stuff on base to make sure. And there’s people that have been in been doing the job longer than him. So there’s always going to be that sense.

Speaker5: [00:25:40] Of.

Raymond Aguilar : [00:25:41] Experience around him. So he’s always going to be taken care.

Speaker5: [00:25:44] Of, at least in the.

Raymond Aguilar : [00:25:45] Workforce. And then he has family in Florida, too. So it’s it’s going to be.

Speaker5: [00:25:49] Great for him.

Stone Payton: [00:25:50] Man The world is your oyster.

Devin Powell: [00:25:52] Devin Yeah, I’m really blessed and I’m happy. Happy.

Stone Payton: [00:25:56] Well, you brought up an interesting point a little while ago, Raymond, because he has lived it or will have lived it. Just how much better of a leader he must he’s going to be because he’s coming from that perspective as opposed to maybe someone who’s never been through those ranks, right? Yeah.

Speaker5: [00:26:13] Because at that point, like, just like.

Raymond Aguilar : [00:26:15] Any business you want to hire.

Speaker5: [00:26:18] Within, right.

Raymond Aguilar : [00:26:19] Right. So you want to promote.

Speaker5: [00:26:20] The people inside. So the fact is that Devin has this idea to where he is going.

Raymond Aguilar : [00:26:27] Enlisted, and then he wants to become an.

Speaker5: [00:26:28] Officer.

Raymond Aguilar : [00:26:29] And then at that point, when he’s leading the people, he’s going to be in charge of the people overall. He’s going to understand their problems, their issues, because he recently just did it.

Speaker5: [00:26:40] Right. Right.

Raymond Aguilar : [00:26:40] So to be able to understand to be that middle man or like, hey, you need to do this or like, hey, we need to advocate more money because he wasn’t able to do that. Understanding the little guy.

Speaker5: [00:26:51] At the end of the day because.

Raymond Aguilar : [00:26:52] Of that person, like he will be in a humble position to where like, okay, I remember when I was struggling.

Speaker5: [00:26:57] In that position, I needed help.

Raymond Aguilar : [00:27:00] Let’s say that he does get the help. It’s not, you know, not saying that he doesn’t now, but by becoming an officer, you understand those little.

Speaker5: [00:27:09] Things that.

Raymond Aguilar : [00:27:10] Enlisted versus officer to different problems.

Speaker5: [00:27:13] So I would say.

Raymond Aguilar : [00:27:14] Because enlisted side you’re you know your your foot soldier in a sense of like okay, we got to, you know, knock this out as an officer, you’re kind of more of a automatically that manager role based on the college degree. But if you come in and you’re like, hey, we need to do this, and then like, okay, let’s well, let’s role play it in a way. So let’s say I’m the officer and I come in and Devin’s working, I’m like, Hey, you shouldn’t be doing that because X, Y, and Z. He’s been working there a while and he understands, like based on his technical order, he needs to do it like this. And I don’t fully understand. Me being an officer, I need to take a step back and really learn those little things that maybe that the enlisted person understands more because they’re more involved with the day to day activities than what the officer would be.

Stone Payton: [00:28:02] So, no, that’s an important lesson, right? Yeah. My brother is a CEO. He’s a chief executive officer of the Florida Homebuilders Association. He’s out of Tallahassee. But he mentioned to me when he was second guy for another association, but now he’s he’s the CEO of this thing. And he told me like six months into that job, he says, Stone, I got to be really careful about what I say. He says, because when I say stuff, it gets done. And so I have to be very measured and really think about what comes out of my mouth because people turn to and get it done. It’s a whole different world when you make that transition.

Raymond Aguilar : [00:28:39] Yeah, it really is. And the fact is that understanding those little things and the thing is like, right, coming with that experience that he or like Devin will have.

Speaker5: [00:28:48] Is right, right?

Raymond Aguilar : [00:28:49] It’s, you know, it’s definitely beneficial for not just.

Speaker5: [00:28:52] Himself but the people around him. So, you.

Raymond Aguilar : [00:28:54] Know, helping out your, your, your fellow coworkers, your peers and stuff like that and just overall increase increasing productivity altogether.

Stone Payton: [00:29:04] All right. So let’s back up a little bit. Let’s create an environment where a young person is thinking about joining the Air Force and they’re coming to you and they’re asking your input and your advice. I’m sure you’ll share some of these great positive aspects that we’ve been talking about today. What are some potential challenges that you might tell them to anticipate or be on the lookout for? You know, because it can’t be all butterflies in unicorns. Unicorns, right. There’s like, what are some things to yeah. On that side of things.

Devin Powell: [00:29:35] So I’d say some of the biggest challenges, if I’m being honest, would be just people. Because, you know, when I got to basic training, you know, that first night I got into my dorm. By the time we finished all the paperwork, it was it was like one 2:00 in the morning, all 5052 of us, you know, we’re all tired, but we all come from different places. So I’d say the biggest challenge is learning how to work, work together with people and, you know, how to understand people and overcome differences without, you know, getting, you know, you know, staying professional at the same time. Because there were a few moments during those first two weeks, you know, our whole dorm, we were kind of like at each other’s throats because, you know, everybody was trying to take control and.

Speaker5: [00:30:29] Some basic training.

Devin Powell: [00:30:30] Yeah, yeah, basic training. You know, everybody’s trying to do their own thing. But, you know, eventually, you know, people will come together. And I’ll say that would be one of the biggest challenges. And to not take things so personal, you know, to let things let things go, you know, because at the end of the day, people are just going to say whatever they want and then they’re going to go on with their day. So you don’t want to like take that, you know, to heart because at the end of the day, they may say that and just walk off and like, they’re not even going to think about it anymore. So like, you don’t want.

Stone Payton: [00:31:03] To let them live in your head, right? Yeah.

Speaker5: [00:31:04] Yeah.

Devin Powell: [00:31:05] Rent free. Yeah. Yeah. You don’t. Yeah, you don’t want to do that. So what.

Speaker5: [00:31:09] Was it?

Raymond Aguilar : [00:31:09] Did you get any leadership positions while you were at basic training?

Devin Powell: [00:31:13] Yeah, So I was actually the the guidon bearer for our flight, so I was in charge of our our staff that had our flight number on it. And that’s a it’s a pretty tough position, if I’m being honest. I only I was able to excel at it and pick up the position so fast because of my JROTC experience in high school. So it made that transition a lot easier, especially when it came to drill. But even then, you know, there was still it was a pretty demanding position because you’re my MTI, which stands for the military training instructor. You know, he was always, you know, he would call my name out and be like, you know, Powell, you know, make sure you’re over here. You’re doing this. Where are you at? You know, and he will call me out. You know, I would make mistakes. And he was quick to call me out on my mistakes. But at the same time, too, you know, when I did do something right, he was also quick to, you know, say good job. Yeah.

Speaker5: [00:32:08] Because it’s not.

Raymond Aguilar : [00:32:09] Always about the the mistakes that you made, but it’s also the lessons that I learned. So that’s always.

Speaker5: [00:32:15] Good.

Stone Payton: [00:32:15] And when you’re leading, I suspect in that environment and certainly been my experience, you know, if someone on the team makes a mistake, it’s also your mistake. And then you got to figure out how to how to navigate that and make sure you return that learning to the organization. And it’s a yeah, there’s a lot to it, isn’t there, even at that level.

Devin Powell: [00:32:34] Yeah, there was a there was a lot of accountability that that sense of really learning what a team is and holding everyone accountable because we actually had our dorm instructor, he told us because somebody didn’t lock their their wall. And, you know, every time you leave your area, it’s basically you can go pretty far. But the rule that we came up with is, you know, if you can’t reach your bed, your wall locker needs to be locked. So if you’re out of that distance, you need to keep it locked. And basically there was this person that, you know, had left it unlocked and he had got disciplinary action for it. But then he said if it happened again, then he would get recycled at that point, which would mean being recycled means you go back two weeks in training. Ouch. Yeah. So and he said if and he also made it a point to everybody else saying that if we see his locker unlocked and don’t tell him anything, then everybody’s going to suffer as well. So, you know, that really kicked in. And then once we all heard that, we all, you know, started double checking, you know, helping each other out, making sure that we all, you know, graduate together. We got there together. We lost two people. But, you know, I don’t think I’m not really sure what their whole situation was. But for the most part, we all want to stick together because we got there at the same time and we want to graduate.

Speaker5: [00:33:54] Definitely that.

Raymond Aguilar : [00:33:54] Teamwork.

Speaker5: [00:33:55] Mindset because we’re.

Raymond Aguilar : [00:33:56] Like he was talking about earlier, like some people.

Speaker5: [00:33:59] Are, you know, from all over.

Raymond Aguilar : [00:34:00] The world.

Speaker5: [00:34:01] Some people are very introverted, some people are extroverted. And the.

Raymond Aguilar : [00:34:05] Thing is, some people may not have been on, you know.

Speaker5: [00:34:08] Sports teams or, you know.

Raymond Aguilar : [00:34:10] Jrotc and understand.

Speaker5: [00:34:12] The leadership or the.

Raymond Aguilar : [00:34:14] Attention to detail where you may need.

Speaker5: [00:34:17] And it’s just that teamwork mindset.

Raymond Aguilar : [00:34:20] It helps everyone out and then it makes life a little bit easier. But the main thing is the MTI or the military.

Speaker5: [00:34:27] Training instructor is.

Raymond Aguilar : [00:34:29] You know, trying to make sure they are working together at the end of the day. So small details like locking his locker is making sure that it’s not just locking your locker. It’s also like the accountability portion, but it’s making sure like, okay, this making sure our locker is locked later down the road, you’re going to make sure our attention to detail on little things where when he gets to his job when he’s responsible for multi-million dollar assets, he knows the attention to detail is key.

Stone Payton: [00:34:56] Well, and I hate it for those two that didn’t make it. But by the same point, in order for the unit to have pride, you know, once you know what the standard is, if you don’t if you can’t meet that standard, I mean, you can’t let you can’t let that slide. Right? You’ve got to enforce the standard.

Raymond Aguilar : [00:35:13] Yeah, you definitely do. But I mean, Devin, I mean, speak on this like zero week, like your first week, like understanding the structure. And I’m sure when you pull up, I mean, just tell, tell.

Speaker5: [00:35:25] Tell us your story.

Devin Powell: [00:35:26] So zero week, so zero week. It’s probably, I would say probably the hardest week out of your whole military career for really any branch because, you know, you have all these people and you’re coming in as just, you know, a regular person and you have to learn so much during that zero week. So you have to understand, you know, who’s in charge, you know, that respect factor and, you know, all these things that, you know, right off the jump, they’re automatically they automatically have high standards for you, even though you’re just a trainee. You know, they have all these, you know, high standards. It’s really chaotic. I don’t really remember much except.

Speaker5: [00:36:06] Yeah, I get the same thing.

Devin Powell: [00:36:08] Yeah, I don’t really remember much besides waiting. There was a lot of standing at attention and just being quiet while, you know, our instructors were planning things or doing things like that. But, you know, and that’s. Yeah, I guess that’s where some of the discipline is as well, because, you know, I think the reason everybody was able to be so quiet is because we were all kind of scared. You know, nobody wanted to like because.

Speaker5: [00:36:35] You’re almost in shock.

Devin Powell: [00:36:37] Yeah, it was really like a wake up call because when you get there, you know, you know, we left the airport and we hopped on the bus and our bus driver, he was like hyping it up. He was like, oh, it’s you know, he was really cool guy. And we were all, you know, we were all pumped. We were all excited, you know, cheering and stuff on the bus. And then, you know, we get off the bus and we’re in the reception room. You know, it’s pretty chill so far. You know, not too much has happened. And then we go outside and we’re sitting down and we’re waiting for our instructors. And I’m over here. We’re all just chatting because we’re like, man, where are where are these? Where are our instructors coming from? And next thing you know, like I remember seeing off in the distance, I just see dark shadows just walking towards me and I see the hat and I’m like, Oh man. I was like, I think he’s going to get serious. Yeah. And then immediately they just started yelling and they’re like, All right, we’re doing Roll Call. And then they just started going down the list yelling each name. And yeah, ever since that day, you immediately learned who your mtis were.

Speaker5: [00:37:33] It’s like you remember your that silhouette, that moment. You see them just coming out of the woodwork and be like, All right, it’s time to work.

Devin Powell: [00:37:40] Yeah, That’s when I knew. I was like, Man, you know, this is really. This is really happening. Yeah. Yeah.

Stone Payton: [00:37:47] It sounds like all of this is none of this is left to chance. This is all very much by design. I mean, the military, the Air Force, these guys know exactly what they’re doing. They have plenty of structure, right?

Speaker5: [00:37:57] Yes. The military instructors are very, very I mean.

Raymond Aguilar : [00:38:01] The training that they get, it’s more psychology work to make sure that.

Speaker5: [00:38:05] Where you’re going from someone who has never had structure in.

Raymond Aguilar : [00:38:09] Their life and tried to understand.

Speaker5: [00:38:11] The little things and why do the little things matter, you know, to detail, to, you know, making.

Raymond Aguilar : [00:38:17] Your bed.

Speaker5: [00:38:17] Some people have. They don’t make their bed. Yeah, yeah.

Raymond Aguilar : [00:38:21] And you want to make sure like even like little things now.

Speaker5: [00:38:24] Like so if.

Raymond Aguilar : [00:38:26] You made your bed and you’re like, oh I didn’t make that good enough. And then someone else sees it, like if like your family or whatever, seeing it and graduation, you’re like, That’s.

Speaker5: [00:38:34] A good looking.

Raymond Aguilar : [00:38:34] Bed. But you could be like, I remember when I graduated.

Speaker5: [00:38:37] I didn’t have I almost had like a little smile at the end.

Raymond Aguilar : [00:38:42] Watch. The smile is like at the edge of the bed. When you tuck everything in and you’re good. You want to make sure everything’s tight and there’s straight line and you don’t want no slack. I could see like.

Speaker5: [00:38:50] A little dip and I’m like, Oh man, I messed that up.

Raymond Aguilar : [00:38:53] And then my family, they were like, Oh, everything looks great. Oh, my God. And I’m like, I messed up. But you don’t see that. But it’s like those little things you just.

Speaker5: [00:39:03] Notice right away. After a while. It’s just like I said.

Raymond Aguilar : [00:39:07] The little things.

Stone Payton: [00:39:08] So now that you have this appreciation for the little things, you have these aspirations to to lead others, do you find yourself outside the scope of the technical training and that kind of thing? Do you find yourself studying, reading stuff about leadership or personal accountability? And if so, like what some of the the stuff that you’re reading now or I’ve read recently that you might recommend to some folks.

Devin Powell: [00:39:34] Yeah. So I did, you know, I started reading a little bit before basic training, but there was I forgot the name of a book, but it was basically saying how you, how you act, basically how you act is what what you’re going to attract. So if you’re always, you know, I guess have a negative outlook on life, you’re going to attract, you know, negative people and negative outcomes versus, you know, having more of an optimistic outlook and, you know, be willing to learn and, you know, just be really open minded to change. Being open minded to change is a is a big one.

Stone Payton: [00:40:15] Oh, yeah. Because I certainly think so.

Speaker5: [00:40:17] Yeah. Because you to think.

Raymond Aguilar : [00:40:18] Not a lot of people manage stress the same way and then change alone in the military is.

Speaker5: [00:40:25] Happens a.

Raymond Aguilar : [00:40:26] Lot. So the thing is being able to be flexible understanding the bigger picture and stuff like that. And the funny that you mentioned like books and.

Speaker5: [00:40:34] Reading, because I just read a book called Who Moved.

Raymond Aguilar : [00:40:37] My Cheese? You ever heard of that?

Stone Payton: [00:40:38] I have heard of it, and I feel like I’ve read some version of it, some years back.

Speaker5: [00:40:43] Yeah. My office partner.

Raymond Aguilar : [00:40:46] He handed me this book just based on.

Speaker5: [00:40:50] You know, change or whatever, because I.

Raymond Aguilar : [00:40:51] Joked around like, ah, I don’t like change.

Speaker5: [00:40:53] Whatever. Just joking.

Raymond Aguilar : [00:40:54] He goes, Read this book and it’s a small story. It’s like 100 pages. So nothing crazy. It’s like an hour.

Speaker5: [00:41:00] Hour read.

Raymond Aguilar : [00:41:01] Like some people will read it like I read it. Me and my daughter read it before we went to bed. So it was like, okay, I’ll read you the story.

Speaker5: [00:41:06] And she enjoyed it.

Raymond Aguilar : [00:41:08] It’s just simply understanding, like. Things are going to happen, you see change occurring. How do you.

Speaker5: [00:41:14] You know, adapt to it. And some people are just afraid to.

Raymond Aguilar : [00:41:18] Be outside their comfort zone, reaching out and doing something. And this book, I was like, I was talking to my daughter. She’s ten, right? She was like, this is a good book for military children. And I’m like. Where do you get this knowledge from? I mean.

Speaker5: [00:41:33] It’s just one of those.

Raymond Aguilar : [00:41:34] Things like she is thinking about those things.

Speaker5: [00:41:35] Right? It’s just.

Raymond Aguilar : [00:41:36] Like being.

Speaker5: [00:41:37] Exposed to change and stuff. That book is I.

Raymond Aguilar : [00:41:40] Definitely recommend for anyone that’s even if they’re not having a rough time or if they’re see the change just going through life. I’m happy for my office partner to be able to, hey, read this book. So I’m like.

Speaker5: [00:41:52] Yeah, so.

Raymond Aguilar : [00:41:53] Who moved my cheese?

Stone Payton: [00:41:55] All right, well, there you have a recommendation and you have, again, two old guys telling you read, read and read and you know, and take what you can from it and on something like that that is timeless. And as classic as that piece is, and there are other books that I would characterize that way. I would say reread them, right? Like go back and read because you’ll you’ll pick up stuff, won’t you?

Speaker5: [00:42:15] Raymond Yeah.

Raymond Aguilar : [00:42:16] When I whenever I was talking to my, my office partner, his name is Sergeant Frederick. He’s at Marietta office as well. I was just saying like, man, this book was pretty good. I was explaining this stuff like I could see like key parts in here in the book. And he was saying that he reads it multiple times throughout because he says, you never know what you know stage in your life that you’re going through. You always interpret it differently.

Speaker5: [00:42:41] Because of what’s going on or certain events in.

Raymond Aguilar : [00:42:44] Your life that could help you.

Speaker5: [00:42:46] Or help others in the long run, right?

Stone Payton: [00:42:48] Yeah, man, you made me. I’m too old now. I think I can do 20 push ups. There you go. But you guys are making me want to join the military. Yeah, they got. They got any radio jobs in the military? There’s some.

Speaker5: [00:43:00] Broadcasting stuff. Yeah, Yeah. Bronchi.

Raymond Aguilar : [00:43:04] Broadcasting and journalism and stuff like that. Yeah. Yeah. You sound pretty. You sound pretty good on radio. You sound like you got some good experience, man.

Stone Payton: [00:43:11] Yeah, they probably wouldn’t let me go home at two and take a nap, though, which is what I plan to do today.

Devin Powell: [00:43:16] Probably not.

Stone Payton: [00:43:17] I’m definitely not as entertaining as the Robin Williams character in that in that movie.

Speaker5: [00:43:22] Oh, yeah. Good morning, Vietnam.

Stone Payton: [00:43:24] Yeah, that was funny. Well, this has been a lot of fun. Devin, thanks for hanging out with us and sharing your experience. Man, this is and oh, gosh, Sergeant Raymond, you must really love your work.

Speaker5: [00:43:36] I really do, man. Like, I.

Raymond Aguilar : [00:43:39] Like I said, like, my story is just.

Speaker5: [00:43:41] More of.

Raymond Aguilar : [00:43:42] What my sister. Was not able to accomplish. And joining in like like I said, she passed away and stuff when she was trying.

Speaker5: [00:43:51] To that whole aspect.

Raymond Aguilar : [00:43:53] But she wanted to join. She was not able to join. She couldn’t find a recruiter to help her out. So that’s always my mindset. I’m like, I want it to be the recruiter that my sister needed. So for me, I never know what.

Speaker5: [00:44:06] The.

Raymond Aguilar : [00:44:06] Applicants truly are going through until I get to know them.

Speaker5: [00:44:10] My job is to get to know my.

Raymond Aguilar : [00:44:12] Applicants, what their goals are, things like that. So for me, if I’m changing or helping someone better their lives for the future, who’s, you know, what ripple effect that would make for me, that’s a.

Speaker5: [00:44:24] Bigger reward than anything. Yeah.

Stone Payton: [00:44:27] All right. Let’s leave our listeners with some contact info for for you. And they can and they can also all be thinking about Devon and wishing him the the best. We’ll try to keep up with his story, but what’s the best way for folks to to connect with you? Oh, so.

Raymond Aguilar : [00:44:39] For me, if people just want to know general information about the United States Air Force, simply just ask the questions of like, you know, what does it take? Or, you know, simple information. You can contact me at (770) 274-8087. That’s my cell. You can either call or text. Email is Raymond Ray Monde, Aguilar aguilar.2@usaf.mil.

Stone Payton: [00:45:08] Well, Raymond, keep up the good work, man. The work you’re doing is so important. You see the impact. You mentioned ripple effect earlier in the conversation. You see the impact you have on this one individual, and Lord only knows how that’s going to continue to multiply as as Devon grows in his sky’s the limit. Sky’s the limit, man. I think it’s fantastic. And Devon, best of luck, man. You don’t need any luck, but just know that we’re all pulling for you, man. And I hope we hear back from you again when you swing back through town. Maybe you’ll come join us. But it’s been a real pleasure having you on the show.

Devin Powell: [00:45:41] Yes, thank you for having me.

Stone Payton: [00:45:43] My pleasure. All right. Until next time, this is Stone Payton for our guest today, Devon Powell and Raymond Aguilar and everyone here at the Business RadioX family saying we’ll see you next time on Cherokee Business Radio.

BRX Pro Tip: Specialize

March 9, 2023 by angishields

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BRX Pro Tip: Specialize
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BRX Pro Tip: Specialize

Stone Payton: [00:00:00] Welcome back to Business RadioX Pro Tips. Stone Payton, Lee Kantor here with you. Lee. I’ve heard you touch on this topic from a variety of perspectives, but in just about every aspect of our business, it often really does pay to specialize, doesn’t it?

Lee Kantor: [00:00:18] Yeah. I think that when you specialize and you become that kind of go to person in one niche or two niches, or no more than just a handful of niches, then you’re going to be a service provider that folks are going to remember and trust, and they’re going to want to work with, rather than the person who does a little bit in lots and lots of different areas. You’re not memorable in any if you do that.

Lee Kantor: [00:00:44] So I think it’s much more powerful, it’s much more impactful to go deeper in fewer things. Get that really good depth of knowledge more than anybody else that those people know, in fewer areas rather than going wider in lots and lots of areas. Even though there might be opportunity in lots and lots of areas, I find it’s much better to have that depth of knowledge and skill in handling meaningful things that will be able to help you serve your clients better in the long run, especially in those areas.

Lee Kantor: [00:01:14] And they know they can trust you in that. It’ll be a lot easier to differentiate yourself. You’ll make a lot more money because you can charge more because you’re a specialist. You’re going to have a lot more impact and you’re going to have a lot less stress because you don’t have to worry about all these other things that other folks are kind of getting bogged down in. You’re going deep in a couple areas and you’re becoming that expert, that go to resource in those areas, and that’s going to make you stand out.

Tommy Thornburgh with Prime Corporate Services

March 9, 2023 by angishields

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Tommy-Thornburgh-headshotTommy Thornburgh, President of Prime Corporate Services, gives all the credit to his team for truly making a difference over the last 10 years he’s been at PRIME. Tommy is the brain and face behind all of the company’s webinars, presentations and events and oversees 50 Corporate Advisors.

Under his leadership, PCS has helped over 100,000 entrepreneurs structure their business properly. Tommy joined the team as one of three Corporate Advisors. Since then, he has grown his team to include 50 people that are helping more than 400 new entrepreneurs a day.

In addition to getting up on stage and presenting, Tommy takes a lot of pride in PRIME’s ability to grow and scale over the last several years. He started his self-employed career knocking doors and selling pest control and learned early on what it’s like to pay way too much money in taxes. Tommy worked in sales at Clearlink before taking on his role at PCS.

Tommy has brought on many friends and family to the team and is proud of fostering the close family culture that exists at PRIME today. In his free team, he loves spending time with his wife and one-and-a-half-year-old daughter and appreciates any chance he can get to play a round of golf.

Follow Prime Corporate Services on LinkedIn, Facebook and Instagram.

This transcript is machine transcribed by Sonix

TRANSCRIPT

Intro: [00:00:05] Broadcasting live from the Business RadioX Studios in Saint Louis, Missouri. It’s time for Saint Louis Business Radio. Now, here’s your host.

Phillip Hearn: [00:00:18] Hello, everybody, and welcome back to Doc’s Discussions. My name is Dr. Phillip Hearn and you are listening to Saint Louis Business RadioX. So I always enjoy the different guests that we’re able to get to hang out with me, talk a bit about what they do, their business, their strategies, and today’s episode is no different. I’ve got Tommy Thornburgh, who’s the president of Prime Corporate Services, joining us for this episode today. Tommy, how are you?

Tommy Thornburgh: [00:00:44] I’m doing great. Thank you for having me. I’m excited about this.

Phillip Hearn: [00:00:47] Yeah, I’ve been looking forward to it. Glad to have you. Thanks for spending some time with us. So before we dig into all of the inner workings, tell our listeners a bit about you. Where’d you come from? How’d you get into this space? Give us a little bit more knowledge about who you are.

Tommy Thornburgh: [00:01:03] Sure. Yeah. Let’s take it all the way back. Why don’t we? So my growing up, my parents split when I was very young and my mom was a real estate agent and my dad owned a real estate brokerage. And I joke now that I’m removed from it and can look back on it that the only thing they agreed upon is that their kids should be self-employed. So if they did anything right, they pushed my sister and I towards self-employment. And she’s actually part of the company with me here as well. So, um, from a very young age, I was introduced to real estate and I always thought that that was the route that I was going to go. And then I turned 18, tried to go the whole college route, went and knocked doors selling pest control. So I live in Salt Lake City, Utah. I drove all the way over to Raleigh, North Carolina, and 19 years old, started knocking door to door selling pest control at 19. In three months, I made about $40,000. Okay. I thought I was king of the castle. I came home, I said, Mom, you can’t tell me anything. Forget it. And then Uncle Sam wanted 10,000 in the form of taxes, right? That money was gone. I’d already spent that money. So I learned a very valuable lesson at a very early age in my business life that it’s not about what you make, it’s what you keep. And now here we are, just over ten years in business with Prime corporate, and that’s what we do. There was a niche in the market for start up entrepreneurs, for solopreneurs that are running their own business or for people that are just getting started looking for a side hustle that don’t have the means or the money to have a corporate financial plan or attorney CPAs. So we help with entity structure, business, credit taxes, as you know. And that’s that’s a little bit about me. Since then I’ve dabbled in real estate and have investments of my own. But Prime Corporate’s been my baby for the last ten years.

Phillip Hearn: [00:03:18] Wonderful. So with that experience, it sounds like that was kind of the early birth of of the idea for prime corporate services. Tell our listeners a bit more about what does what those markets a little bit deeper that they actually do serve.

Tommy Thornburgh: [00:03:34] Sure. I’m a firm believer that everyone in the US should be self-employed to some extent. As you can tell, that’s rooted from my childhood, obviously. But the reason that I say it is because there’s over 70,000 pages of a tax code, right? And the majority of those benefit investors benefit entrepreneurs. So whether it’s a side hustle, a side business or full time self-employment. We try and make it as easy as possible from an entry point for people to feel comfortable, to start to invest or to start what their passion is, to be self-employed and to maximize from a tax savings standpoint, to create financial freedom and time freedom long term.

Phillip Hearn: [00:04:24] That’s awesome. That sounds great. So you mentioned within the services that are offered, you guys have everything from entity creation to the tax to the business credit. Tell us a little bit about, for instance, the entity creation. How does that process work? Kind of a quick synopsis from start to finish. So if somebody calls you and says, Hey, I need an entity done, I’m sure your team’s not just like, great, we’ll just make you an entity. There’s some pieces that go into that, that structure. And I’ve been lucky enough to work with your team on that, and they do a phenomenal job. But take our listeners into what that process may look like.

Tommy Thornburgh: [00:04:57] Sure. We really like to make sure that it’s something that our client understands what they have and what they need, as opposed to it being some papers on a bookshelf or in your email that never get used, right? So fortunately, we’re able to help structure entities in all 50 states. And we really try and break down over 45 minutes to an hour. What are your needs? What type of business are you in? How concerned are you with having an amenity privacy protection? Because not all states are created equal when it comes to corporate law. Right. Delaware. Nevada. Wyoming. Their corporate haven states that have additional privacy and protection that other states don’t offer. So we really try and break down. Is an LLC best for you? Is an S corporation best for you? Do you need an additional holding or parent company for privacy and protection? So it’s not one size fits all. But what we really try and do is make sure you’re aware of what you have and why you have it. And we’re trying to accomplish three things for any of the listeners that take notes. This is for you. Number one is privacy and protection. Number two is tax benefits, profit and loss. And number three is showing yourself as a business not only to your clientele, but to banks and lenders as well for funding long term.

Phillip Hearn: [00:06:31] Yeah, and that’s extremely important to understanding all the pieces. A lot of people just go, Hey, create an entity, start your business. But it sounds like you and your team really take the time to go, okay, if you created here, here are going to be the potential benefits taxable benefit down the line. I know you’re not playing an accountant, so we’ll put that disclaimer in, but your team has enough knowledge to understand those tax laws in each state to be able to explain the process. It sounds like easier to folks who work with you all.

Tommy Thornburgh: [00:07:01] Correct? Yes, absolutely. And that’s I appreciate you saying it. I am not a CPA. I’m not an attorney. As you said, I’m the president of prime corporate. However, I do have. Just about 100 accountants and CPAs total that file all the taxes now and got a full team of attorneys that do all the entity set ups and all the all the estate planning for us as well. So it’s nice to be able to talk to investors and talk to entrepreneurs, but still get the support of the CPAs and the attorneys. And I think that’s where the niche that we’ve created has really done us well over the last ten years.

Phillip Hearn: [00:07:42] So take us into that next step. So now that we’ve created the entity, there’s potentially the opportunity to work with your team on creating business credit and then also taking care of the dreaded taxes at the end of the year. Right. So take us through what that process kind of looks like because it sounds as if you can work through an all in one style solution with your organization and with your team. If I’m hearing that correctly.

Tommy Thornburgh: [00:08:04] That’s the goal. Yeah. I mean, and it’s like I said earlier, not one size fits all. I think it’s important for everyone listening to understand the way that we were introduced was actually a mess up that we had on setup over there. So full transparency. We’re we’re not perfect, but as a as you can see, we’ve been able to mend the relationship by making things right. And if you can have the proper business structure, Mister Benjamin Franklin said it best. Two things that are certain death and taxes. Right all.

Phillip Hearn: [00:08:38] Day long. Yeah.

Tommy Thornburgh: [00:08:39] And neither one are overly exciting to talk about. But if there were two pieces of advice that I could give anyone from a tax standpoint. Yeah. Number one, have a way to track your expenses, whether it’s an Excel spreadsheet, QuickBooks, a tax app of any sort. The best way to beat the IRS and the tax game is kind of like a, you know, death by a thousand paper cuts, right? I ask you this, dude, what did you have for lunch last Wednesday?

Phillip Hearn: [00:09:13] You better know every single thing. I had a burger, I had fries. It was a cheat day, so. Yeah, yeah, I’d better be able to adapt. I had three iced teas. They only charged me for one. Exactly.

Tommy Thornburgh: [00:09:25] What what, what’s business related? Right. And that’s if you’re wondering to yourself, how do I know if something is business related? Ask yourself if it’s ordinary or necessary for your business, and if you can say yes to either one of those, then track those expenses. Number two, have a professional file your taxes. You know, obviously I’m biased. If you’re working with us, great. But if you hire a professional and you were to get audited, they should be able to back you in that audit situation. That’s why you go to the doctor, right, is to make sure that you’re fixing yourself up the right way. And. Track your expenses, hire or hire a professional. And we have a vast. Vast group of professionals that get to work together in all these different industries so that we can get back to our main tagline, which is it’s not about what you make, it’s what you keep, what you can reinvest back into your business. Well, you can put into your own retirement or what? You can throw off a bridge. I don’t care what you do with it, but I want you to be able to make that decision.

Phillip Hearn: [00:10:37] And so that that’s such a key component because as entrepreneurs and a lot of our listeners will be in kind of that bucket. We’re so used to doing things ourselves, right? So it’s just, hey, we got to get it handled. We got to get it handled right now. But it sounds as if having the correct team in this particular case can take a ton of stress or issues or just overall angst about the whole tax process. And you even talked about something as simple as managing your expenses, right? So what are some of the pieces? And again, you’re talking about a 70 000 page tax code, I think you just mentioned. What are some of those pieces that if they’re of course, working for the business and are used for the business, can be construed for tax credits or a write off, What are those things that people may be surprised about when they hear, hey, I can actually use this as a part of a tax credit towards what I’m doing.

Tommy Thornburgh: [00:11:26] I love it. Yeah, absolutely. There’s a real. So one of the things that I’m trying to put together right now and I want to make a YouTube series about this, it’s one of my passions, right, that ever since I’ve got a little two year old daughter and I’ve got another another little baby girl on the way, I don’t even think I’ve told you that.

Phillip Hearn: [00:11:43] Congrats. Yeah, that’s breaking news. See, we break news here. Yeah, absolutely. Yeah.

Tommy Thornburgh: [00:11:48] But here’s here’s one of the things that I’ve become more passionate about since I’ve had my daughter. And that’s generationally how you can change the landscape of the financial future of kids, grandkids, loved ones, whatever that may be. And just to kind of walk you through some of what I’m doing, I pay my daughter $12,900 a year. It’s a deduction for me. She doesn’t have to show it on the taxes because she made under the standard deduction. So if you look it up on YouTube, they talk about paying your kids and all these sort of other areas. But where I’ve changed that is now if I put that 12,900 into a Roth IRA or into some sort of a vehicle where the money compounds, by the time she’s 25, she has $1 million in that account. Now, she can either invest it into a business, she can use it for college, she can buy a house, she can invest in real estate simultaneously. I’m adding her on to some of my credit where she’ll have an 800 credit score by the time she’s 18. So now, as long as I do a decent job helping her understand that life’s about choices, right? You got good choices, you got bad choices, you better not mess this up, because I worked really hard to get you an 800 credit score and $1 million in this account. Right. But I’m going to make that bet that as long as I can educate and help understand where that’s going to come from, hopefully she makes the best decisions possible. But tax tax wise, a lot of you listening to this are probably considered self-employed, home based entrepreneurs. There’s over 250 different deductible expenses, right? Things like your phone, your Internet. Your power, your electric bill. Portions of your rent or your mortgage for those of you that have the designated home office. How can you write off your vehicle? Have you spent money on softwares or on advisory to better your business for the future? Those are all things that can become tax deductible as long as you’re tracking them and you’re tying them back to your business.

Phillip Hearn: [00:14:10] And so that’s huge, too. So again, there’s so much in the tax code, so understanding some of those honestly simplistic ways of looking at it and how the benefit works out as well. And think you also mentioned that this is vertical or industry agnostic, right? So you can find this whether you’re in distribution, manufacturing, real estate, as you mentioned, it doesn’t matter. The industry, you guys, you and your team will work with folks that are in a lot of different industries. Am I hearing that right?

Tommy Thornburgh: [00:14:39] The only thing we try and stay away from is farming.

Phillip Hearn: [00:14:42] Other than to be a farmer. Okay. Well, you just you just made a couple folks mad on the on the off season. A lot of a.

Tommy Thornburgh: [00:14:50] Lot of times farming Here’s depreciation is king when it comes to tax deductions. Right. That’s why so many very wealthy individuals invest into real estate and invest into a lot of these things that they can depreciate on their taxes if you have investment properties in your listening to this. There’s cost segregation studies. We had a client that off of two properties did an accelerated depreciation on a cost seg and it saved them $600,000 in taxes in one year. Now, obviously, this is a high income earner, real estate investments. But the point that I like to make there is even if you are just getting started. The more no one cares about your money more than you do. Correct. So the more that you understand how to protect yourself, how to maximize on your tax benefits, how to build personal credit and business credit, and then be able to reinvest back into different vehicles that will compound your wealth over time. It’s hard to lose if you’re playing the game to win based off of keeping more money in your corner from a tax standpoint.

Phillip Hearn: [00:16:04] And I love that cost seg tool. Right. So basically for folks who don’t know it definitely start to research and look it up. And again, I’m not playing an accountant either, but I have done my research on the cost seg. It’s a beautiful thing in terms of basically speeding up that depreciation schedule where let’s say you can tap into 70 to 80% of that depreciation within the first 5 to 7 years, maybe sooner, depending on programs that are out there. But that concept of no one teaches that, right. You know, so when we were growing up, no one’s teaching, hey, you should look into cost seg if you go buy a property. So that’s one of those things that is it’s it makes the property investment experience potentially so much greater than you might have thought by just looking at a couple hundred dollars in net operating income from rents or something like that. So that’s a huge, huge tool. So let me ask you this. We’ve got an interesting scenario in terms of environment right now, fiscal environment. You’ve got rates going up. You’ve got, you know, all the noise, if you will. How does a company like Prime help their clients cut through the noise? Because there’s so much of it, no matter where you look, interest rates, the Fed, all the decisions being made or not made, what what are you and your team do to help kind of get rid of the noise and keep people on their on their track and their plans?

Tommy Thornburgh: [00:17:22] Yeah, it’s a really it’s a really good question because there is a lot of uncertainty, even for myself, right? If I was to give you my honest opinion, there’s still uncertainty in what that looks like. No one knows. Everyone acts like they know. No one knows what’s going to happen, Right? So what I try and help people understand is there’s a huge difference between what is considered active and ordinary income money that you go and work for that’s taxed between 10 and 37%. And there’s a big difference between investments and long term passive income. Yeah. So the question that I ask even myself is what’s the goal? What’s the plan? What are you trying to do with this business and this income and these interest rates? Because historically, long term, you can’t lose. So if you’re in it for the long term, is a higher interest rate deterring you from the legacy play that you’re after? If it’s a short term, then you really have to be a little bit more calculated than previous years of making sure that you don’t lose. But what I will say is if those decisions for your business are calculated based off of how your taxes are going to impact your business overall, it’s really tough to lose if you understand the tax game. And I’ll give you an example. The last day of 2022. It was a Saturday. And I practice what you preach, I should say, right? I talk about taxes all year round. And here I am on the last day of the year, not planning ahead like I should, and like I preach to everyone else. Sure. You help everyone else before you help yourself.

Phillip Hearn: [00:19:06] Exactly.

Tommy Thornburgh: [00:19:07] So I realized that I’ve got $100,000 of additional tax liability that I didn’t account for. So I called one of my good friends that’s a real estate investor and said. I need you to let me buy into one of your properties. And I bought $100,000 into a fourplex, which was 33% of ownership. We agreed to do a cost segregation study on it, which will accelerate that depreciation. Yep. It should save me 7 to $80,000 in taxes, and it’s a long term wealth play where I’ll be able to create residual income long term. So blindly making that decision, I probably don’t make that decision, but understanding how it’s going to benefit me from a tax standpoint. Calculated Risk says this is a no brainer for me long term.

Phillip Hearn: [00:19:58] Yeah, Yeah. And again, I think you hit it on the head. And the most important nugget that you gave is no one knows all aspects of the future, right? But at least having some idea and understanding and kind of consistent education. So you sound like like me. I’ve always trying to figure out that next what’s coming next, right. As best as you can. But that consistent education and understanding enough to go if I put my funds into this deal at the end of the tax year, I know we’ll try to preplan it better in 23, but at the end of the tax year, here’s then the potential residual benefit now and long term, it’s a beautiful way to think about and again, you being surrounded by all your team members, I’m sure you could also pick up the phone and go, hey, I’ve got this deal I’m looking at. Just double check me before I, you know, go ahead and go after that deal, too. So that that’s a nice advantage that you have. But then also those potential clients of will have when they’re getting toward the end of their tax year, it sounds like to.

Tommy Thornburgh: [00:20:56] This is a shameless plug. This is a biased opinion and this is promoting my company. Full disclaimer here. But one of the things that I love about what we’ve created here at Prime Corporate is having the attorneys and the CPAs under one roof is very, very valuable for this reason. Oftentimes when you ask an attorney a question, you get 100 different variations of the answer and they tell you, Doc, you’re crazy. You’re going to get sued. Don’t you do it. There’s too much liability, right? You ask the accountant or the CPA, they say, Doc, I don’t care what you do, please just track the expenses. So you’re not losing on the taxes. Right. As an investor and as an entrepreneur and anyone that’s watching this, you know that truth is probably somewhere in the middle for you, right? So, yes, I’m an investor. I’m an entrepreneur. I’m a business owner, and I like to take both opinions with a grain of salt and say I want to be protected, but I also want tax benefits and I also want to generate some income. So where can I find that fine line of making the best decision for my future and for my family’s future long term?

Phillip Hearn: [00:22:14] Yeah. Yeah. Well, I’ll give you a second. Shameless plug. You know, we’ve had an opportunity to work with you and your team, and it’s been. It’s been a very good experience. And even when we run into challenges, being able to pick your brain and work through any of those challenges, I highly recommend and I will also make sure that we share our referral link in the transcript at the end of this recording itself too. So there you go. You’re not the only one doing shameless plugs today. How about that?

Tommy Thornburgh: [00:22:41] Appreciate you. Thank you.

Phillip Hearn: [00:22:44] So last question for you and this will be completely off the topic of picks, but you have so much going on, you’re running a full team. You’ve got different divisions within that team. It sounds like there’s some some great growth taking place in 2023. What do you do when you need to recharge and reset to get away from the day to day of business, which it sounds like you’re very passionate about, but what do you do to recharge?

Tommy Thornburgh: [00:23:07] Yeah, it’s a good question. I wish I had a more direct answer, but this is what I’ll tell you I’ve tried to do, but before I had my before I had my kiddo, I really tried to find myself on the golf course as often as I could. Yeah. Ever since having my kid, I’ve really tried to spend time with her. I’ve tried to spend time with my family, whether it’s at the pool, whether it’s getting them into tennis, whether it’s hitting a golf ball in the backyard. And like I told you earlier, this is getting more personable with you. But my my parents split when I was young and I love spending time with my daughter. It’s something that has taken priority over golf, which I thought I would never say in my entire life. So if I can golf, that is my number one thing that I like to do. But ever since having my daughter, that is, that priority has changed to how can I spend time that’s meaningful with my family? And whether it’s sitting at the pool, whether it’s going on a vacation, I have the luxury of being able to get up and get out of town because I’ve worked my tail off and that’s really where it lies for me right now. That’s where the priorities could change tomorrow. But for now, that’s my answer. I’m sticking to it.

Phillip Hearn: [00:24:22] That’s a solid answer. And I also love that you were able to tap into your past to make the adjustments where you need to be now to. I think there’s so many times that as entrepreneurs and just humans in general, we don’t give ourselves enough grace to tap into that and use it as a positive long term. So kudos to you because again, you’ve got a ton of really good stuff going on over at and to be able to take a little bit of time away, although the golf thing, I know you’ll probably get back into it the older that the kiddos get too. So they’ll they’ll be a trade off at some point here just won’t be right away It sounds like that’s okay.

Tommy Thornburgh: [00:24:55] There will be there will be a time I joke I’ve got a very very supportive, amazing wife that I tell her and we joke all the time. Moderation is impossible, right? People tell you, you got to balance, You got to work a lot. I really care a lot about what I do. And having someone that’s supportive of that is I wouldn’t be able to do it without it. And my my word of the not so wise is that I think moderation is fake. If you’re going to do something, you got to do it right and enjoy yourself throughout the process. I genuinely enjoy helping business owners understand how to save money in taxes and how to build and grow a business. So it is a passion of mine that. I’ve enjoyed and I will continue to do so. I really believe that.

Phillip Hearn: [00:25:46] Well, you can just hear the passion you have about the work because it doesn’t even sound like work when you talk about it. Right. And most people would say taxes by themselves or work, let alone creating the right entity and everything else. So kudos to you and your team. How would our listeners find you and Prime Corporate Services? What should they do? Where should they go to check you guys out?

Tommy Thornburgh: [00:26:07] Yeah, great question. It’s prime corporate services on everything and I would recommend to everyone give give us a follow on Facebook or on Instagram. We try and do a tax tip of the week to keep you thinking about taxes throughout the year. To your point, it’s not the most exciting topic, but as I mentioned earlier, no one cares about your money more than you do. And if we can stay in front of you helping you understand what to be aware of, how to track your expenses, giving you a tax tip that’ll resonate with your business to hopefully save you hundreds if not thousands, if not tens of thousands of dollars at the end of the year. That’s ultimately our goal. So prime corporate services, Facebook, Instagram, LinkedIn, and then also, I know we got you a link so that we know where you’re listening from and you can schedule a call to speak with us for a free 45 minute, two hour consultation around your entity structure around how we could potentially save you from a tax standpoint and the other services that we obviously offer.

Phillip Hearn: [00:27:16] Yeah, and again, personally, I highly recommend utilizing that 45 minutes to an hour. It is chock full of a ton of really detailed and solid information, but you’re walking away feeling like you know more about it and it’s not as overwhelming. It’s still overwhelming because it’s taxes and we try to figure it out. But like how you break it down throughout the year. But that 45 minutes to that first hour really gets you going on the right path. So I love it. And again, we’ll make sure that we share that link so our listeners can take advantage of that free session just to kind of get them going and and figure out what’s the best route for them moving forward. So, Tommy, it is always a pleasure to talk with you. I always enjoy the conversations. I now I’m going to have more questions for you because now we got to talk about the new little one and all that. So we’ll talk about that off there, but we’ll keep that conversation going. But our thanks again to Tommy Thornburgh, the president of Prime Corporate Services. You have been listening to Doc’s discussions. I’m Dr. Philip Hearn, and this is Saint Louis Business Radio X. Take care.

About Your Host

Phillip-HearnDr. Phillip Hearn Ed.D. is a results-driven entrepreneur, Senior Executive, Consultant, and Board Member with more than 20 years of success in business acquisition and real estate. His expertise in leveraging extensive experience with expansion, and financing, makes Phillip a valuable asset for companies, particularly in real estate, seeking guidance on growth opportunities and process improvement.

Phillip is the founder of Mid American Capital Holdings, LLC, an acquisition focused company. Current subsidiaries include Phillip Speaks, specializing in coaching, advising and public speaking engagements; Financial Center, consulting business owners on methods to implement business trade lines and credit to grow their operations, and other subsidiaries which continues to expand. Phillip also gives back via his non for profit Center for Communities and Economic Development.

Phillip has obtained an Ed.D. from Capella University and holds an Executive Masters in Health Administration (EMHA) from Saint Louis University; an MA in Marketing and a BA in Media Communication, both from Webster University, and Lean Six Sigma (Black Belt) from Villanova University. He has served as a Board Member for the National Sales Network St. Louis Chapter and Ready Readers, for which he has also served as the Governance Department Chair and President of the Board.

Phillip is a coach, advisor, key note speaker and podcast host on Business RadioX. Audiences benefit professionally and personally through his teachings of leveraging and application. His new book “Life Mottos for Success” exemplifies how positive words and thoughts can transform your life!

Connect with Phillip on LinkedIn, Instagram and Twitter.

Tagged With: Prime Corporate Services

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