If you’re anything like us, you probably have a business idea or two that has been floating around in your head since the quarantine began. After all, what else is there to do between Netflix, snacks, taking a nap, eating dinner, and going to sleep learning who knows how many practical new skills? While an idea is always step one, you won’t go very far without some practical knowledge. Today we’ll talk to entrepreneur Chris Krimitsos, the founder of PodFest, creator of The Messengers documentary, and overall business connector, to find out what it takes to get a new business rolling.
Plus, the financial crisis around coronavirus is hitting areas none of us had thought of, including firms like Merrill Lynch taking a step away from their adviser training program. We’ll talk about that fallout and what it means for advisory firms. Plus, in our second headline, how much cash should you be putting away each month to send your kid to college debt-free? We know most people are just trying to put food on the table, but graduation is right around the corner and for many kids, college is not that far away.
Later in the show, we’ll throw the Haven Life Line and shake out some time for Doug’s special trivia. Happy Earth Day, peeps! #Doug2020!
Show Notes:
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<4:59> Headlines
- Merrill Lynch pulls back on adviser trainee program (InvestmentNews)
- Here’s how much you need to put in a 529 savings plan every month to send your kids to college debt-free (CNBC)
<18:31> Chris Krimitsos: Becoming An Entrepreneur
You can find more from Chris at his site: ChrisKrimitsos.com
Looking for Chris’s book? You can order yourself a copy here: Start Ugly
<43:56> Doug’s Trivia
- What governmental agency was founded in 1970, the same year the first Earth day was celebrated?
<51:21> Haven Life Line
- Ben is intrigued by investing, therefore has opened a brokerage account. What he would like to know is if he should invest in stocks that he already owns inside his 401k.
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
A big thanks for Chris taking the to give us some great info on becoming an entrepreneur! Join us Friday!
Thanks for tuning in today! We hope you were able to learn a thing or two on being an entrepreneur. Make sure to tune in Friday, we’ll talk about planning in a time of crisis. What moves should you make now and which ones are better left alone?
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