E67: Let's Talk To An Investment Pro! - On The Edge Podcast

Today with On The Edge Podcast we have Paul Sloate, founder of Green Drake Advisors. Paul coaches CEO’s and trademarked the term ‘The Accidental Economist.’ We’re excited to talk about bringing corporations to the next level and having a great economics chat.

Check Paul out at www.greendrakeadvisors.com

1:45 - What is the standard entrepreneur you see out there that you see succeeding? How do you find the clients you work with and how do they know they need you?

6:00 - What is a private equity deal? We discuss an example of a private equity deal and how it works for both the business owner and the investor. How do they make money? What are economies of scale?

10:00 - So family owned, vs private company or family business, which is the best to invest in and buy? How do you make the decision of which one to take over?

15:00 - From somebody on the outside of this world, we see it dramatized on TV in shows like “Billions.” What’s the real world like in this business?

25:10 - Would it be fair to say that in some companies, there is tension between the CEO and the board regarding investing in the future and maintaining income goals? Again the media makes us believe that there is constant tension, how does that all work? What is actually the CEO’s job?

31:15 - You said ‘inflation is not coming, inflation is here.’ What does that mean for growing companies? Is this where we see the beginnings of a recession? How have the government stimuluses affected the market and the economy?

38:30 - Scott discusses how even purchasing a car has changed a lot since last year. The dealerships have the advantage now, they are charging markups on normal cars and not including features that used to be standard. Is this because of inflation and the government stimulus?

42:00 - Where are smart people putting their money right now?

47:45 - What are some examples of ‘real assets’ as opposed to paper assets?

55:50 - What is your favorite movie and why?

------------
Quickly- I'm Scott Groves - Husband, Father, Loan Officer, Coach, Author, Podcaster, and Recent Blue Belt in Brazilian Jiu-Jitsu.

This podcast is paid for and brought to you by.... by me, Scott Groves :-)

Because I think these kind of long form conversations are valuable, I pay for 100% of the production of this show out of my pocket. This channel is FAR from monetization and because of the subject matter, may never be monetized.

I am a Mortgage Loan Officer & Loan Officer Coach in real life. It's the money that I earn, from helping home-buyers and home-owners obtain home-loans, that pays for this show. If you, your friends, or your family are looking for a home loan from an honest Loan Officer, please contact me at [email protected]

I can do the loan for you (our team is licensed in 8 states) - OR - I can refer you to an amazing loan officer in the state where you're searching. ON WITH THE SHOW!!!

New Full Episodes are released every THURSDAY at 10:00am and clips are released frequently throughout the week. SO MAKE SURE YOU SUBSCRIBE!!!

-------------

Thank you for checking out the Podcast. We're building our community AS WE SPEAK and would love it if you checked us out in one of our communities:

On The Edge Podcast Community & Facebook Group on Facebook: https://www.facebook.com/groups/ontheedgepodcast/
On The Edge Podcast Page on Facebook: https://www.facebook.com/MeetScottGroves
On The Edge Podcast on Locals: https://reddotbluestate.locals.com/

------------

www.OnTheEdgePodcast.com

------------

Don't care for YouTube and prefer listening instead? We got you covered wherever podcasts are found:

Apple Podcasts: www.bit.ly/oteapple
Google Podcasts: www.bit.ly/otegoogle
Spotify: www.bit.ly/otespotify
Breaker: www.bit.ly/otebreaker
Radio Public: www.bit.ly/oteradio
Pocket Casts: www.bit.ly/otepocket
Anchor: www.bit.ly/oteanchor

-----------

Do YOU or SOMEBODY YOU KNOW want to be featured in the podcast?
Questions, inquiries, booking a show?
Any topics or people you'd like us to cover?
Send us an email:

[email protected]

-----------

Spread the word and help us out! It doesn't cost a thing to hit that Like Button, Subscribe, and turn on the notification bell. Comments are appreciated and will be responded to! Doing any of these things tells the YouTube Algorithm that you like what you see and helps others find us as well!

-----------