The Ramsey Show - App - “Greedy Rich People”: Ashton Kutcher & Mila Kunis Help Ukrainian Refugees

Episode Date: May 2, 2022

Dave Ramsey & George Kamel discuss: Ashton Kutcher & Mila Kunis' outrageous generosity, Going out on your own after getting laid off, When it makes sense to move across the country. Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. We help people to build wealth, do work that they love, and have amazing amazing actual relationships. George Campbell Ramsey Personality is my co-host today. As we answer your questions about your life and your money, this is a show all about you. And George, you know what happens if you walk the baby steps?

You become a millionaire? Yeah. And you know what's worse? Oh, boy. What could be worse than that? Well, you became a millionaire, which, by definition... Makes you a terrible person. You're a terrible person.

Rich people are evil. Greedy rich people are evil. I read that on Twitter recently. Greedy rich people are evil, and they're everywhere. And we're trying to make more of them. That's our problem we're awful we want you to be not greedy but we do want you to be rich people and uh outrageously generous rich people but the greedy rich people are everywhere and they're out there doing greedy

rich people stuff and they're giving greedy rich people a bad name when they do this. Because, I mean, how can you say let's triple the tax rate on the rich because they don't do anything except consume? The only way they get their money is to inherit it. We have to tell lots of lies about the rich. We have to vilify success in order to make socialism the way to go in America. It's what we've been working on for a while now. And this whole greedy rich people syndrome, it's just spreading and our producer handed handed us this apparently ashton kutcher and mila kunis i think it's ashton kutcher and mila kunis i think mila am i right james okay james is hip he knows pop culture i don't i know who ashton kutcher was because he

punked some people once but other than that i don't know what a great reference but uh over you know the problem they've done now is apparently mila is from the ukraine and uh these guys these gritty rich people they went and raised over 34 million dollars to help humanitarian aid in the Ukraine, temporary housing for the refugees, according to the couple's GoFundMe page. Akunis was born in Ukraine in 1983, moved to the United States when she was eight years old. She says Ukrainians are proud and brave people who deserve our help in their time of need. And so these greedy rich people, she and Ashton, they got together with some other greedy rich

people and made a bunch of donations. The nerve. I can't believe they helped people with their money. That's awful. You're giving a bad name to the greedy rich people. So Mila and Ashton created the fundraising page. March 3rd made a personal donation. See here, and then they told people they did it.

So they're just awful. $3 million they put into their own money. Then more than 65,000 donors have contributed to the campaign. The list of top contributors includes some of the world's greediest, wealthiest individuals. Billionaire Larry Ellison, the chairman of Oracle, he donated $5 million because he's a greedy rich guy. Silicon Valley private equity firm DST Global, greedy rich people, they contributed $3 million. And the family foundation of DST partner, Uri Milner, gave another $2.5 million. So that's like, man, that's like $5.5 million from the DST group alone.

But they're all gritty rich people. We know about that. Another $2.5 million donation came from the family of renowned Silicon Valley angel investor Ron Conway. Fashion model, is it Carly Kloss? I think it's Close. Close. I think. Thank you.

I'm not that hip. I'm one degree hipper than you guys. She's a fashion model, which is two things I don't know anything about, fashion or models. So Josh Kushner donated $250,000 through his foundation. He's a venture capitalist, another one of those greedy rich people. And so we're overwhelmed with gratitude for this support from the greedy rich people, said Ashton Kutcher. He didn't say that last part. I added it.

And in an Instagram post on March 17th, our collective greedy rich people effort will provide a softer landing for many people as they forge ahead to their future of uncertainty. Humanitarian aid and temporary housing for Ukrainian refugees brought to you by greedy rich people. Wow. And I'm on the site now. I'm looking at the GoFundMe. They're up to over $36 dollars with over almost 76 000 donations precisely more than 36 million 36 million dollars more than the u.s government has given oh yeah to help

ukrainian refugees exactly to the penny and um so your tax dollars wait not at work okay there we go okay and instead individuals private individuals who who have wealth were outrageously generous. I mean, they were greedy rich people. And took care of people in another part of the world that they don't even know, that they never even met, that they just thought, you know, these people need humanitarian aid, they need temporary housing. The largest refugee crisis in the history of mankind, by the way. More people displaced than in any other refugee crisis ever in history.

Wow. You haven't heard that on the news. Those are actual numbers. I didn't make that up. And pretty incredible. And we're all just, but the gritty rich people, they're doing something about it. It's disgusting and inspiring at the same time. Did the broke people send money?

You know, it doesn't say. Is there a broke people page? I don't think that's on here. But I guess broke, you know, if you've got a dollar, you can donate. There's a broke people GoFundMe page, yeah. You can donate as little as five bucks. You can put the change out of every dollar that you don't use. And so you can send a nickel or seven cents or, you know, that kind of stuff.

And I'm sure it'll change their life. But the greedy rich people dropped in 36 million so um they went first just wanted you to know that those people are out there and they're horrible and you know we don't we don't we don't endorse that kind of generosity because it gives greedy rich people a bad name we're here to make them look good not bad do you recognize the sarcasm font in my voice? I hope so, although some people listening may not understand it. Well, hang around. You'll get it after a while. Well, it's very cool.

I'm excited about this. Well, James came up with this idea, our producer. He said every so often we should just feature some of the horrible things that the greedy rich people are doing. It's important to shine a light on it. Yeah, I mean, they should be exposed. They should be exposed for what they do they're just awful it's horrible that that human beings could be kind to each other and use dollars to do it it's disgusting after having earned a living in capitalism in the greatest land that the world has ever known called america and these people have made money more money than they've ever dreamed of and they

gave away more money than most of you ever dreamed of and they gave away more money than most of you ever dreamed of in this one transaction but they're greedy rich people and they should they should pay their fair share of taxes well they're probably doing this for tax evasion oh it's tax evasion that's right because of course if you give away two million dollars it saves you three hundred thousand on your taxes that's how that works good math maybe maybe less depending on your situation because you're when you're a greedy rich person with a huge income like that the amount of your charitable deductions that you can deduct goes down on a scale to where at some point you get almost no tax deduction for your charitable contributions so of course that's mathematically how tax evasion works we're not doing math here dave i'm just here to get riled

up we want to let you know that gritty rich people they don't pay any taxes either you've cleared the air for sure not at all because people are still confused which is sarcasm and which isn't but oh well we'll get there eventually turn off the sarcasm font d isn't. But, oh, well, we'll get there eventually. Turn off the sarcasm font, Dave. So, Myla, or Mila, I'm sorry, darling, I don't know your name. And Ashton, we salute you. We salute all of your friends. And we salute your generosity. Thank you for giving the Gritty Rich people a bad name.

This is The Ramsey Show. Did you know, statistically, when it comes to life insurance and protecting your family, that women are more likely to be uninsured or underinsured than men. This doesn't make any sense. Women make up half the workforce, contribute mightily to family incomes, and in many cases are the breadwinners and take care of their families 24 hours a day. This is one of the most overlooked areas when it comes to financial planning. Maybe it's a relic of the past, but a loss of income or the need to replace family care is equally important for women as it is for men. Single moms, working moms, and stay-at-home moms all need term life insurance. Rates are actually lower for women, which is why I send you to Zander Insurance. They shop the top term life

companies to find the lowest rates available. You can compare rates online at Zander.com or call 800-356-4282. This is something every family has to deal with. That's Zander.com or 800-356-4282. George Campbell Ramsey personality is my co-host today. Open phones at 888-825-5225. Garrett is in Phoenix, Arizona. Hi, Garrett. Welcome to the Ramsey Show. Hey, Dave.

How are you doing today? Better than I deserve. What's up? Well, I was calling because I was just laid off on Thursday. I'm in the mortgage. What happened? I'm 12 years old. Yeah, good question.

My whole department was let go, so a little over 100 of us. So they're not doing enough mortgages? Yeah, correct. So we do direct-to-consumer, and they're just refi's off the market. Yeah, refi's are gone because the rates are up, and people have slowed down the refis. And the purchases have slowed down because people can't get houses. There's no inventory, right? Exactly.

Yep, exactly. So they laid 100 people off. What were you doing in the mortgage business? I ran a processing team. You were a processor, okay. Operation, yep. Okay. So where I'm at is, thanks to you guys, my dad as well, I started, I never had debt really.

I got about a year of reserves set aside. So I don't have that stress. I'm working on getting back into the workplace, you know, interviewing, applying. But for the last few months, I've been working on starting my own processing company, a contract processing firm. I'm pretty dang close. I have my test in a couple days to get my license for that. So you saw the writing on the wall.

Yeah. I've been preparing since about November. I stopped investing everything and just started pocketing money away in my six-month reserve account and just loaded it up since I had a feeling things were going to start turning. Okay. If they laid off 100 people because there's no mortgages to process, how are you going to make money running a contract processing firm? Well, and so that's part of my – that's part of the –

so I have two contracts already with brokers that I've worked with in the past that are ready to execute on those contracts that 15 on the month for both of them. So 30 modes right out the gate, which would then replace my salary and money pretty much instantaneously. But I guess my real question is, so should I still kind of go that route since I have the money to do so? And the security is there. I mean, I don't have that concern necessarily. Or should I just be trying to get back into the corporate side and keep interviewing, apply, get a job there, and then kind of postpone this plan until things kind of shimmer down maybe a bit. I guess I'm just trying to clarify or figure out, should I take this self-employed style role or go back into corporate America? Sounds like you got enough of the pipeline self-employed to make it sweet.

What's wrong with it? What's wrong with it? I would say the biggest thing is we just, my wife and I just had a baby in December. And the fear is more there, so she just stopped working two weeks ago, ironically. But you have enough to replace your salary in the pipeline. Correct. So my big concern is that as things continue to, I guess, be unsteady in a way, you know, with inventory and there were rates, my fear is that the sales teams are not going to be producing the same they were. They're confident and they're telling me they're good. Yeah.

Could you go get more contracts other than these two? Yeah, so that's kind of what I'm working on. But the problem with that currently is I need to get, you know, licensed and actually operational first, which I have the test tomorrow. So that'll be happening in the next couple of days, obviously. So how quickly could you be running this business and producing an income? Six weeks or less. Okay.

I mean, it sounds like there's some fear that this may not work. And so if you want to do something, you know, part-time for now, just to make sure that you've got the income there, but you've said you have a year of reserves. You've got a year emergency fund sitting there? Yeah, I've got $39,000 sitting in my reserve account. And you've got no debt. And so I feel like your risk is pretty low.

Yeah, so, I mean, we live on about $2,700 a month. I have my mortgage on a 15-year and got my live on about $2,700 a month um i had my mortgage on a 15 year and got my payment to about 1200 bucks um so got a low mortgage payment low housing cost in general how old are you old car 22 22 how yes sir wow okay i thought i was talking to a 32 year old way to go dude you're you're poised. You carry yourself well. All right. Can I just tell you what I think I'm hearing, and then you tell me if I'm wrong, okay? Yes, sir. I think I'm hearing, this is why I mistake that a corporate job is secure and self-employment is not. 100%. I would agree with that.

That is a mistake. You've just discovered last Thursday that corporate is not safe. No, you're 100% right. You're 100% right. As a matter of fact, it is less safe than self-employed, because self-employed is you have to get up, my man, leave the cave, kill something, and drag it home every day. You're under no illusions of who's in charge of your destiny. When you're waiting on corporate America to just keep writing you a check,

meanwhile they can't even balance their checkbook in the back room, so they just swoop in one Thursday and go, 100 of you go home with no more heart than an armadillo has which has a very small heart by the way and so um you know there you go so no i i do not want to be beholden to corporate america for anything if i can help it uh if you want to it's okay but don't do it under the heading of security, because it's not secure. Right, okay. That does make sense. And you're a human, which means when you bring another human onto the planet

in your early 20s, it scares the crap out of you, which means you're going to be a great dad. Because you're actually a responsible guy. So what did you make before? How much money were you making? So my base pay was $80,000, and bonuses were between $60,000 to like $120,000 a year. Okay.

You can go make that kind of money again, doing a lot of different things as sharp as you are fairly quickly if this processing thing goes belly up on you. Okay. Don't lose your entire everything holding on too tightly to the processing idea. But if you can get it out there and get it running and make a living doing it, keep it open and keep poking around the edges of it until you get enough contracts that get stable. Because, see, when you were working for that other company, you had one customer. If you had 10 customers, you'd be more stable. Yeah, that's very true, actually.

Yeah. That's actually a good way to look at that. But with your work ethic, you can go anywhere in the financial industry, and I'm not worried about you producing an income if this self-employment doesn't work out. Yeah, you'll be able to land something before your money runs out and uh you're the kind of guy that go deliver pizzas at night if you had to or do whatever until you landed the you know the paying quote job again job career whatever direction you're going there but if i'm in your shoes dude i'm just gonna as an act of my will not in a rash way or an unwise way, but I'm going to

override my security gland here, my insecurity because I have a brand new baby and I just got fired and I didn't see it coming and I didn't do anything wrong. And that's enough to scare anybody any age. But you're a young dude with a young family and it kicks you in the kneecap emotionally, which just means that you're a guy that cares. You a person of honor you're a good husband you're a good dad you're gonna be awesome man we need more sharp 22 year olds like garrett out there it'd give me a lot of faith in the economy we we we have them they're there but obviously corporate america doesn't appreciate them so um there you go but you can't pay the bill you can't pay the bill i guess so you lay the people off but um it's how some of the best businesses are started something like this goes

i'm gonna do it on my own that's exactly right never again am i going to be put in a situation where i'm dependent on someone else to feed my family i'm going to get up leave the cave kill something and drag it home every day and you're right that's exactly how a lot of the entree leadership people that we meet with they're um sometimes what we call accidental entrepreneurs they're they like find themselves unemployed they go well i've just been making this thing in the basement so let's go make a bunch of them and suddenly they're millionaires making a bunch of them they solved a problem made some customers happy didn't didn't have an intention of being in business but there they were and uh found it to be much more secure

and much more rewarding than working for corporate America. That's the American spirit. There we go. I love it. As long as there are garages, there will be small business. And as long as there is small business, there will always be capitalism. This is the Ramsey Personality is my co-host today. Thank you for joining us, America, in the lobby of Ramsey Solutions,

which, by the way, you can visit anytime you'd like and watch the show. We do a live show every afternoon from 1 to 4 Central Time. Regardless of when you guys hear it, that's when it actually occurs. And if you'd like to come by and watch the show, and we're often taping podcasts and so forth in the morning on the glass as well, the Dr. Deloney Show, the Ken Coleman Show, all of that. There's free cookies, free coffee, and it really smells like cookies in Mama's Kitchen in here.

And there's a bookstore and a full visitor center come visit us anytime we'd love to have you there's usually 50 to 200 folks out here watching the show and it's completely free we'd love to have you and just come in and say hi but on the debt free stage right here in said lobby is brad and tamra hey guys how are you guys good How are you guys? Good. How are you? Better than I deserve. How much debt have you paid off? A little over $100,000. Good. How long did that take? About 18 months. Good for you. And your range of income during that time? $109,000 at the beginning, and now we are at $151,000. Good, good. What do you guys do for a living? I'm a cardiovascular sonographer. And I work in the oil and gas design, helping design gas plants. Oh, wow. Good. good. What do you guys do for a living? I'm a cardiovascular sonographer. And I work in the oil and gas design, helping design gas plants.

Oh, wow. Good. Okay. Where do y'all live? Bartlesville, Oklahoma. Which is near? Tulsa. Tulsa, Oklahoma.

Okay, good, good. Well, welcome to Nashville and congratulations. Thank you. What kind of debt was the $100,000? A little bit of everything. So car payment payment student loans truck payment truck payment uh taxes y'all were normal right yeah normal sucks yes wasn't any fun you're making a lot of money they're all going back out to somebody else oh yeah what was the

wake-up call 18 months ago what what jogged you well we shortly got married shortly before that we got married and uh my parents actually um paid to have us go to Dave Ramsey uh FPU and uh we started it and then about a couple months into it we uh wound up uh I lost my job oh my gosh and then she got furloughed the day after. Oh, man. All thanks to COVID. Yeah. Oh, okay. Happy marriage, huh? Yeah.

And then about three months later, I wound up getting a job back in the oil and gas industry. Was there for about seven months and then got furloughed again. Went back to the place that I originally got let go from and did contract work for about a year. And now I'm back there. They brought me back on full time. Wow.

It's been a full circle. Yeah, it's been a wild ride there. Oh, yeah. Okay, so I got to go back, though, to the beginning of the story. So we get married, and Brad's mom and dad buy a financial class. So, Tamara, how thrilled were you with that idea? Not at all. I'm definitely the free spirit.

I'm not even going to lie. I love it. That wouldn't have gone well at my house. What did you think was the underlying reason they gifted this to you? Just to be financially stable and to be successful. Yeah, but Tamara's like, I don't want to deal with all this. I was like, I want to go spend my money. Okay, so you're brand new married, and before you get laid off,

you wander into this class. And, Tamara, how long were you there before you went, you know, I think I can actually do this? It took me a little bit to get on board. I'm not going to lie. That's okay. And, Tamara, how long were you there before you went, you know, I think I can actually do this? It took me a little bit to get on board. I'm not going to lie. That's okay. A couple of months, probably.

Oh, way down into the class then. Yeah. Wow. Yeah. Was there a moment? What was the thing that you went, all right, fine, I'm in? Just knowing that I wouldn't have to have all of my paycheck go to somebody else. That was the big thing.

And then being able to show my kids that, too, because I was never raised in that that in that way so i want my kids to be raised in that way where they don't have to worry there you go start thinking about something big like changing your family tree exactly yeah that's the noble motivations are the strongest motivations by the way you're right that's exactly right very very cool stuff and brad you go in there um and i'm i got a feeling if she's the free spirit, you're the nerd. He's the nerd. And so you're there for about 10 minutes, and you went, yeah, I see what mom was doing. Exactly.

Yeah. That's how it was. Okay. All right. And it's hard to keep your mouth shut. About to get you in trouble. Yes. Yeah.

Yeah. Yeah. Yeah. That's classic. Yeah. I love it. I love it. Wow.

All right. So what was the most important thing that you guys learned while you're going through Financial Peace University that enabled you to pay off $100,000 in 18 months? While being furloughed and then back to work and then being furloughed and then back to work and then contracting and then back to work and then, oh, my gosh. Just discipline and communication. Yeah. Just working together. Yeah. Work together to accomplish those goals.

Wow. So you guys haven't been married too long now. Has it changed your marriage? Oh, yeah. Yeah. Just working together. Yeah. Work together to accomplish those goals. Wow. So you guys haven't been married too long now. Has it changed your marriage? Oh, yeah. Yeah, I'd say so. Yeah. Yeah. It's more on the same page.

Oh, yeah. Oh, yeah. Definitely. And I assume you had some cheerleaders in this process. Obviously, Brad's parents. Oh, yeah. Huge cheerleaders. They're pumped.

Yeah. Oh, yeah. And the kids were, too. And then the financial coaches that we had at city church uh jason and janet uh they uh we met with them we still talk to them to this day and they still encourage us to keep pushing forward yeah they're walking around real proud right now that you're here doing your debt-free screen that's why they do this stuff i love it that's so cool y'all well done very well

done what was the hardest part for you sticking to the budget sticking to the budget what's your big temptation to get off budget clothes clothes that makes sense i'm not gonna lie no that's good i'm in rachel cruz would completely agree with you. That and eating out. Eating out usually gets most people. That one, people don't realize in America how much we spend on that. I'm not against restaurants, but, you know, by the time you spend all that, you ought to own one. Oh, my gosh.

I mean, and it's about 80% of that check is for the experience, not the food. You can buy that much food for 20 cents on the dollar, cook it at home, and have a pretty good meal. Yeah, so, wow. Well, way to go, you guys. Way to go. Are you glad you did all that? Oh, absolutely. Yep.

Will you ever go back in debt? No. Not even for clothes? Not even for clothes. Now's the time to save for a new house. There you go. Awesome. All right.

You renting or you own one? We own one right now. But you need to move for a new house. There you go. Awesome. All right. You renting or you own one? We own one right now. But you need to move up a little. Yeah. Yeah, because both our kids are in one room right now. Oh, yeah. Sharing bunk beds and we got to get a little bit bigger house. It's a bonding experience.

Oh, yes. That's good. That needs to end. Yes. I like it. Well, way to go, you guys. We're very proud of you Thank you for coming over

And sharing your story Thank you It's a great way to start out A brand new marriage And get things going Way to go Thank you Very very well done

Alright And very cool Very cool We got a copy of Baby Steps Millionaires for you That is the next chapter In your story for sure And a copy of

The Total Money Makeover Book to give away And maybe you could be kind of like your mother-in-law and just start up a ruckus with somebody you know you never know there all right good stuff all right it's pretty cool this is this is great brad and tamara from tulsa oklahoma hundred thousand dollars paid off in 18 months making 109 to 151 count it down let's hear a debt-free scream. Three, two, one.

We're debt-free! Yeah! Yeah! That is how it's done, boys and girls. I love it. So, yeah, that's a delicate gift

for a mother-in-law to give to a new couple yeah gifting FPU feels like it's an underhanded backhanded

passive aggressive gift passive aggressive statement hey you're broke this should help thanks so much thank you

thanks but when you can accept that gift and actually do the stuff Dave you're looking a little pudgy here's a book on dieting exactly that's exactly what it's like Thank you. Thanks. But when you can accept that gift and actually do the stuff. Dave, you're looking a little pudgy. Here's a book on dieting. Exactly.

That's exactly what it's like. That is the last gift I'm going to give you, Dave. Pudgy. That's a word you don't hear much. No. Bring it back. That's a word that should come back because it actually applies. Eating out. I realized, Dave, when I was getting out of debt, I was spending $700 on food.

Look at me. Where do you even put $700 on food. Look at me. Where do you even put $700 on food? Where do you put $700? That's the question. But it's amazing when you start paying attention to the stuff and you go, oh, my gosh, what am I doing? You're kind of disgusted with yourself when you look in the mirror. But George has a – you have real – I mean, you have a high palate on food. I mean, the fine dining experience.

That is true. You're kind of known for the chef's tasting menu. Well, me and a high palate on food. I mean, the fine dining experience. That is true. You're kind of known for the chef's tasting menu. Well, me and Rachel call it bougie. That's what we are. You don't do that on the job, do you? No. No. Absolutely not.

You don't do bougie on the job. Well, you guys made us bougie here at Ramsey, or there's charcuterie everywhere. I didn't even know what that word meant before I worked here. Now it's everywhere. Now it's how we live. It's a good life, man. That's how we how we live. It's a good life, man. That's how we roll, baby. It's a good life.

Paid for in cash. Free salami. That's right. From Lunchables to charcuterie. That's the American dream. We made it, Mom. We made it. Touchdown.

This is the Ramsey Show. show. george camel ramsey personality is my co-host today here on the ramsey show thank you for joining us america triple eight eight-825-5225. Dave, I've got to say, one of my favorite things, and you know this about me, it's a spiritual gift. I love to give away your money. It's my favorite type of generosity. You're one of those greedy rich people, aren't you? I'm one of those. And that's why I'm excited to tell all of our listeners about our Ramsey Cash Giveaway that we just launched today.

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Kent is in Tampa. Hi, Kent. Welcome to the Ramsey Show. Hi, Dave and George. Thank you so much for having me. Sure. What's up? Basically, I'm looking for permission to pursue my dreams.

I'm a stage manager in live entertainment, mostly working in cruise ships, theme parks, and regional theaters. But ultimately, I want to work on Broadway musicals and national tours. But obviously, to do that, I have to live in New York. And that would be a significant increase in living expenses. And I just wanted to see if there was sort of a benchmark that you would suggest hitting before making that jump. I'm 25 years old. I have no debt. I have a fully funded, actually an overfunded emergency fund. But moving to New York would basically take out all of the margin.

I could make it work, but it would take out all of the margin, but it would also open up a lot more earning potential. So I just wanted to get your thoughts. I know it would be risky, but I just want to make sure it's not stupid. And I figured if anyone is going to be willing to tell me that it's stupid, it would be Dave Ramsey. Well, Ken, you've done a great job so far. This is not the riskiest move you could make at 25 years old with no debt and an emergency fund that is overfunded. So you're going to be okay. This sounds like this is your dream. This is what you want to do. And so I'm making the move.

Now, you want to do it with some wisdom. Can you line up a job there? Or is this one of those show up, do whatever it takes, work at a coffee shop, and try to make this dream happen? It's closer to that. I have a pretty good network, so I feel like it would definitely, when something becomes available,

I would have people that I could reach out to. But it's sort of a you have to be there in order to get the job kind of thing. Can you set your life up to where you'd be there in 20 minutes? I mean, you can get from Tampa to New York in an hour and a half, two hours. Tampa to New York City? Well, I mean, you can jump on an airplane and get up there in a couple hours okay so yeah that's true it's not like you um i mean i think you start working your network and you get something to line up and if they want you to come up there and interview one day fly up there

and interview and when you land the job then make the move i i um i might stay in tampa till i kept and keep my lifestyle costs way down, because your cost of living there is probably 70 cents on the dollar, what it is in Manhattan. Yeah, at least. I mean, rent is more than that, but the rest of the cost of living is probably 70 cents on the dollar. And you've got work there that's not a coffee shop, right?

I don't care. I'm with Georgia. Go do it if you want to go do it. The way to lower the risk one more time is to get a whole bunch of stuff almost dripping out of the end of the pipeline and then make the move then. Right now, it sounds like you're just going up there hoping you can fill the pipeline. Yeah. I don't know if it would make a difference in what you would suggest, but a lot of the work that I do takes me out of town, and they provide housing and everything.

So a lot of the work that I currently am doing I could still continue to do in New York. It just wouldn't necessarily be jobs that are in New York, if that makes sense. Yeah, okay. All right. So you could keep working a lot of your current gigs while you look for the New York break. Yes. So the only difference here is just the relocation. Precisely, yes. Definitely doing that.

Head on, baby. Do it. Great. Well, thank you so much. I appreciate it. And if you reach the point that you're going in debt to keep your dream alive and you're getting ready to turn your dream into a nightmare, move back. Oh, for sure.

But, you know, the trick is you've got the margin here and you've learned how to look at this with a critical eye which you already did before you called us so i'm with george there's your permission yeah well number one you don't need our permission you're like a grown man and stuff so but there's your advice anyway um sometimes they need a little confirmation we We don't give permission here. We just give advice. And then you give yourself permission because you're like grownups and things. So, but we'll think it through with you and think, you know, see if you're missing something or maybe make some additional suggestions that might be wrong or whatever.

And then you still got to make your own decisions. Oh, yeah. But he sounds like he's doing it with some wisdom here. Yeah. Yeah, I like it. Go for it, baby. Go for it. Wide open, man. Chad's in San Diego. Oh, yeah. But he sounds like he's doing it with some wisdom here. Yeah. Yeah, I like it. Go for it, baby. Go for it. Wide open, man.

Chad's in San Diego. Hi, Chad. How are you? Hi. Doing very well. I just want to say, Grandpa Dave and good friend George, thank you very much for having me. You're welcome.

How are we out? So, my father passed away last week. Oh, my gosh. And he was in charge of our family's business. Oh, my gosh. He was in charge of our family business. Oh, my gosh. And also my family as well, of course. My family currently is okay. So I have a core crisis team taking care of them.

That thankfully brought together a great team. So we're on a survival mode on family side and business side. Families should be okay to fight for another month, but our business currently, I believe we really need help on that side. For business, my question is, is there a survival mode type setting that I should focus on for our business to continue on? How many team members?

Majority of it is our family, so I think about 12. What kind of business? I would say we do a lot of retail and servicing. That's how our business is kind of structured. Retail and servicing of what? I would say maybe home appliance type things. Okay. And then we have a lot of debt as well. But I'm trying to just focus on just survival mode. What should we focus on? Okay. Your dad's estate has a lot of debt.

You don't have any debt. Right. The business debt was in his name, and his estate is what supports that debt. So if you guys can keep the business operating you'll pay the business debt out of the business as a part of his estate but you don't need to pay any of these payments right neither does your brother or your cousin right however because my mom's name is on the business how can i assess health care or like try to protect her yeah well you're gonna you know you're gonna keep running the business and get the debt paid off,

or you're going to sell the business and pay the debt off. One of the two. That's what you're going to do. So this is a large and complicated question, more than I can probably help you adequately with in a two-minute radio call like this. I'm so sorry for your loss, by the way. What happened to it? Thank you so much.

So I believe it was just his heart stopped. We don't really have much details. I'm sorry. It's still very new. I'm sorry. Here's what we're going to do, brother. I'm going to put you on hold. Kelly's going to pick up.

We're going to hook you up with one of our Entree Leadership business coaches. We've got business coaches in Entree Leadership. I do. And one of them will help you walk through and help you analyze, A, how to keep it operating in crisis mode until you can make some management transitions, and or B, until you can sell it, whichever you guys choose to do. It's still very, very fresh with him just being gone a week. I'm so sorry.

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