Drunken Money

Brendan O'Connor, COO at Cambridge Biotherapies, joins us to discuss how his company helps people "find the healer within" through psychedelic therapy.  Some questions Brendan answered in this episode: How did he become involved in psychedelic therapies? How did he become involved in decriminalizing psychedelics in Massachusetts? What is a psychedelic?  What does decriminalization mean?  How does Cambridge Biotherapies work with their patients?  What should a patient look for when considering psychedelic therapy treatment centers to ensure their experience is safe?  Has there been a shift in the perception and acceptance of psychedelic therapies?  Who is not a good candidate for psychedelic therapies? Last call: What advice would your 60-year-old self give you today? What is the best thing you spent money on in the last six months? What's your favorite long-form content?

Jenna Denard, Owner and Travel Agent at Travelwell Company, joins us to discuss how you can use a travel agent to plan your perfect vacation. Some questions Jenna answered in this episode: What does a travel agent at Travelwell Company provide for travelers?  What questions do you need to ask your travel agent? When should you contact Travelwell Company or another travel agent to plan a trip? How did Jenna get into the travel industry? Why did Jenna start Travelwell Company?  How can a travel agent save travelers money vs. booking on their own?  When was the tipping point that Travelwell Company began to grow faster? How long has Jenna been in the industry and when did she start her business?  How does Travelwell Company get most of its clients?  How does Travelwell Company educate its clients? What are tips for travelers while they're booking and when they're in destination? What are common mistakes travelers make at their destination? How do online travel sites and reviews impact travel agents?  What shoul

Major Robertson, Founder and CEO of Major Holdings, joins us to discuss how he buys online businesses and how he has quickly built a Private Equity Fund.  Some questions Major Robertson answered in this episode: What did Major Robertson's college experience look like? When did you realize that college was not the right path for you? How did you teach yourself to code in high school? What was it about working in the corporate world that you didn't like? What was the first side job you had when you were working your corporate job? What was the point when you realized you should quit your corporate job? How did you think of the idea for your first business and how did it grow? Did you create your website from scratch or did you create it off of an existing website? What did creating your website and business look like? How did you overcome competition in the field? How did your business grow to where it is today? Why did your mindset shift from a lifestyle company to wanting to grow your business?  What made yo

Rachel Richards, author of the best selling book Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together, shares how anybody can earn enough passive income to retire in their twenties. Some questions answered in this episode: What has the last year looked like for you, and what has happened to allow you to quit your job? How long did it take for you to be able to retire from when you first got serious about passive income? What made you want to get into rental real estate and what was your first step? How do you find a good rental property? How has having your real estate license benefited you in purchasing a rental property? What is passive income and what kinds of forms can it take? When writing your book, how did you find people to help you with publishing? What have you learned from publishing your first book, is there anything you would've done differently? How far are you in writing your second book? Can you break down the category of ad/e-commerce passive income? Who are some peop

Adam Watson, co-founder of Against the Grain Brewery, tells us how Against the Grain has built a global brand based in Louisville, KY.  Some questions answered in this episode: Why is your beer put into a four pack with tall cans? How did Against the Grain get started? What lead you to becoming a brewer? What was the process of opening your own brewery? What was the climate of the beer industry when you started? Why is the beer industry more communal than others? Why did you choose not only to be a brewery, but a restaurant as well? How do you use your background in law to not only improve your brewery but to help other breweries in the community? What are some big issues with Kentucky and National beer laws? What are the benefits of being a microbrewery? How has Bo & Luke helped you grow as a company? What can the public expect from Against the Grain the the next year or two? Have there been any big turning points in the company? What would you say to a young person who wants to start a brewery? How do

JOHN RONAYNE, THE OWNER OF BREWGRASS HOMEBREW SUPPLY, IS BACK TO DISCUSS WHAT HAPPENS WHEN THE GLITZ AND GLAMOUR OF STARTING YOUR OWN BUSINESS BEGIN TO FADE.  Some questions answered in this episode: What does the day to day look like almost 5 years into the business?  What does Brewgrass Homebrew Supply look like today vs. when you opened?  When do you decide to add a new product and invest in the business? What are the struggles once the honeymoon phase is over?  How do you prevent burnout?  How do you keep learning and growing?  Why did you get involved in the community?  What do the "wins" look like today?  How do you interact with customers on social media and YouTube?  What are the keys to staying in business over the last 5 years?  What would you purchase if you had $1 million to spend in the business?  How do you find new beers?  What's the next trend in beer? How do you balance work and your personal life?  Do you have any regrets?  Has starting a business been worth it?   LAST CALL: What advice w

Clay Gardner, a co-founder of Titan, joins us to share how anyone can invest like a hedge-fund investor.  Some questions answered in this episode: How did you teach yourself investment strategies and how to build the company?  How did you develop the current model and what was the first year like?  How did you meet your co-founders?  How does Titan determine their clients' investments? Does every investor have the same investments or are they customized?  Why do the portfolios consist of exactly 20 stocks?  What tips do you give to millennials to encourage them to invest long-term? What methods does Titan use to educate their investors?  What does your typical day look like? What factors influenced your decision to leave your job and found Titan?   How did Titan grow and what were some of the major turning points? What was the process of being accepted into Y Combinator and what did you learn? Why did you return to New York instead of staying in Silicon Valley or moving to another city?  What mistakes did yo

The band Wilderado is made up, as their About Us would suggest on their website: "Four Dudes." Those four dudes are Maxim Helmerich (vocals, guitar), Tyler Wimpee (guitar, vocals), Colton Dearing (percussion, keys, vocals) and Justin Kila (drums). While touring with Mt. Joy, I was lucky enough to catch them while they were in Louisville for a few beers and a quick podcast.  After a few beers, we delved into these questions to truly understand what makes a band: How did you meet? When did you start playing music? How do you write new songs? What's a day in the life of a touring band? How do you stay healthy on the road? How will you know you've made it as a band? How do you avoid burnout? What advice do you have for aspiring bands? What's the next big thing for the band? SPOILER ALERT: their biggest piece of advice: don't give up. Words for life. John and I tell ourselves that every day.  Last call questions: What's the best thing you've spent money on the last six months? Tyler: 2010 Jeep Wrangler Colton:

Ken Grossman, founder & CEO of Sierra Nevada Brewing Co., joins us to share how he built one of the largest breweries in America.  Questions answered in this episode: How long does it take to go from concept to bottle when brewing a new beer?  How did you get started in brewing?  How did you make your own brewing equipment when you started? How did you get funding when you first started? What was the goal when you started? What were the biggest keys to early growth? Did you have steady growth or were there any particular events that caused a spike in growth?  What makes a good distribution partner in the brewing industry?  What advice do you have to somebody starting a craft brewery today?  How have you continued to grow as you have gotten bigger?  Why did you open the additional North Carolina brewery?  How did you maintain business knowledge without a business background?  What motivates you to grow and keeps you passionate since you've reached the top of the industry?  How has the Camp Fire impacted y

Maud & Stirling Welch, Owners of Hell or High Water, join us to discuss the process of opening a 1920s speakeasy in Downtown Louisville. Some questions answered in this episode: What gave them the idea to open a speakeasy? Did you have any prior experience operating a bar? What was the process of planning and opening the bar? What attracted Maud & Stirling to the Hell or High Water space? What happened to the space that forced the planning process to take 3 years? How did you decide on the name Hell or High Water? What have been the biggest failures and successes so far? Where did you draw inspiration for the space and for the drinks? How does the experience at Hell or High Water differ from other bars? Why did Maud move back to Louisville from New York City? What are the ways the speakeasy is marketed? What does your day to day look like at the bar? Last call: What advice would you give to somebody wanting to open a bar? Be aware of the time commitment and that everything in the space could be da

Jon Stein, Founder and CEO of Betterment, the country's largest robo-advisor with more than $18 billion in assets under management, shares how he built Betterment and why you should join the future of investing. Some questions answered in this episode: How did you get the idea for Betterment? Why did Betterment start in 2008 during the last recession? How has Betterment grown so quickly? What makes Betterment different and separates it from competitors? What is Betterment's company culture? What drives Betterment's focus? Who are the primary Betterment customers? Does it get stressful having so much money under management? How has being located in New York helped Betterment grow? Why does Jon ride his bike to work? What are the biggest highs and lows since founding Betterment? What do Jon's days look like right now? How often does Jon check email and how does he shut out distractions? How does Jon judge Betterment's success? Why do so many millennials  struggle with long-term saving and how does Betterment h

Rachel Richards, author of Money Honey: A Simple 7-Step Guide for Getting Your FInancial $hit Together, gives us tips on how to write and sell a book. Some questions answered in this episode: Why did you decide to write a book? How did you find the time to write? What was your background before writing Money Honey? What was the hardest part about writing a book? What did you learn while writing? How did you decide what to cover in Money Honey? What outcome did you want from writing Money Honey? What advice would you give to someone wanting to write a book? How did you promote Money Honey? How did you get reviews on Amazon? Do you want to write another book? What would you change in a revised edition? How do you invest your own money? What are your tips to retire early? Last call: What advice would your 60 year old self give you today? Work less and have more fun. What advice would you give to a recent college graduate? Match your expectations with reality - it will be tough when you first get out f co

Alli Truttman, President & CEO of Wicked Sheets, joins us to discuss how she has gone from sewing sheets in her apartment to selling them on qvc. Some questions answered in this episode: How did personal experience form the company? How long did you work as a side-hustle before working at Wicked Sheets full-time? What did you do to cover your weaknesses operating the company? How did you meet your initial investors and make connections to grow your business? How do you turn an idea into a product and get it manufactured? How long did you sew the sheets yourself? How do you get an investor? How did having an advisory board help you staff your weaknesses? What is the hardest thing you dealt with while starting your business? When were you ready to hire an employee? Which tasks do you delegate and which do you still perform yourself? How do you effectively delegate? What has the company been like since it got investors? How did you grow Wicked Sheets? Why did you decide to switch manufacturers and how did

Maggie Heely, Owner and Lead Coordinator of Weekend Wedding Warrior, gives us tips and tricks to have a great wedding (and a happy marriage)! Some questions answered in this episode: What is a wedding day coordination? What is the difference between a wedding day coordinator and a wedding planner? Who is a typical client of Weekend Wedding Warrior? How far in advance should you book a wedding day coordinator? What order should you book venue, photographer, music, and wedding day coordinator? How did Maggie become a wedding day coordinator? How did Weekend Wedding Warrior's business grow? Should you choose your wedding vendors at a bridal show? How do you find a good caterer/DJ/photographer if you don't go to a bridal show? How many people should you invite? What percentage of people you invite to your wedding will RSVP "yes"? How long should you be engaged? What is the price of an average wedding? What are some ways you can save money on your wedding without killing the vibe?  What do guys and girls care abo

John Shumate, CEO of Venture First (and the most interesting person we've ever met), teaches us how to take risks and reach our goals. Some questions answered in this episode: Did you see yourself as an entrepreneur growing up? How did you make the leap to become an entrepreneur? How did you get and keep your first clients? What was your day to day like starting out and what where the first few years like running Venture First? What is the best marketing tool you have ever used? How did you expand Venture First's services from business valuation to outside CFO Services and bookkeeping? What does it mean to be a CFO for a company? How do you grow your services when you aren't an expert in that service line? How do you differentiate yourself in an industry that has a "stodgy" reputation and make finance sexy? What separates people who take risks from those who do not? How can great things happen from really bad situations? What does your day to day look like now that Venture First is more established? What are

Erica Outlaw and Lindsay Brough from Crushed Ice Catering and The Ice House teach us how to have a great wedding without blowing our budget.   Some questions answered in this episode: How do you transition from the catering industry to the venue industry? How do you sell something that does not exist?  What were the first few years like after opening the business? What is the atmosphere at the company today?   When did the day-to-day job duties transition from 80 hour workweeks to having a team to take some of the load off?  How do you get millennial employees to buy into the company?  What are some catering "musts" for your wedding?  What are tricks to save money on your wedding catering without compromising quality? What is a good number of people to invite to your wedding?  What is the price difference between a buffet and a plated dinner?  Who is the first person you should talk to when planning your wedding?  How far in advance should somebody book a wedding venue?   What does Ice House give you if you

Chip Ridge, President of Millennial Title, teaches us the ins and outs of investment real estate. Some questions answered in this episode (as always, any views expressed in this episode are personal opinions - do your research and consult a professional before investing in real estate): What is title insurance? Why did you start Millennial Title? What are the different objectives you can achieve with investment real estate (cash flow vs. asset accumulation)? Why should somebody invest in real estate? What are some of the major factors to consider before investing in real estate? Would you rather invest in a commercial, single-family, or multi-family property? What mistakes has Chip made while investing in real estate? What is the expected time-frame you should expect to hold an investment property? Is it hard to find a good real estate deal right now? How long does it take to find a good deal? Does the current market remind you of the 2007 bubble? What is the most important factor in making money in real est

Bobby Nichols, our favorite millennial homebuyer, comes back on the show to give us an update on year two of owning his home. Click here to check out Bobby's initial thoughts. Some questions answered in this episode: How has the second year of owning a home been different from the first? What caused the most stress when originally purchasing your house? What are some pros and cons so far of buying a home? What is the worst thing that went wrong since owning your house? How did you get over the fear of commitment when purchasing? When did you start thinking about your house as an investment? What is something you thought would be amazing in your house that you don't care about now? What is something you didn't originally care about when purchasing your home that you couldn't live without now? Why did you pick that house? Was there a key factor? What would you do with your house if you had to move away? How long do you think you will stay in your house? How has this opinion changed from when you purchased the

Kyle Elmore, President & Owner of White Picket Real Estate, joins us to give millennials tips on what to look for when buying their first home. Some questions answered in this episode: What has happened with Kyle and White Picket since he last came on our show? How does Kyle manage growth and hiring employees? What is the biggest factor in White Picket's growth? How does somebody buying a home differentiate between a good and bad realtor? What are the first steps when purchasing a home? How does the home buying process work? How long does it take to go from the beginning of the home buying search to moving into a house? How many houses does it take before somebody finds their perfect house? How does a home buyer decide on a house to purchase? What do millennials want in their homes? What do the terms 3/2 and 2/1 mean in real estate? What are some things people think they want in a house they don't really need? What is the thing Kyle looks for when he's purchasing a home? What are tips for somebody looki

JON SANDERS, MORTGAGE LOAN OFFICER AT STOCK YARDS BANK & TRUST, SITS DOWN WITH US TO EXPLAIN MORTGAGES. JON BREAKS DOWN THE TERMINOLOGY AND GIVES US TIPS ON HOW TO GET A MORTGAGE FOR YOUR DREAM HOME. Some questions answered in this episode? How did Jon Sanders first get into the mortgage business? How are mortgage rates determined? How often do rates change and what are the current rates? What are the most important things to think about when you're looking to buy a house? How do you know if you're ready to purchase a house? What advice would Jon give to somebody purchasing their first house? What is the debt ratio and why is it important? What is a good debt ratio? How much should you save for your down payment? What is Fannie Mae? What is mortgage insurance and how big does your down payment need to be to avoid it? What information do you need to provide to get a mortgage? How does it change if you're an entrepreneur? What is a good credit score and when should you be worried about it? What is Jo