Finance Essentials
44 episodes - English - Latest episode: over 2 years ago - ★★★★★ - 6 ratingsDanny Hudson hosts Finance Essentials. It is a business platform built around courses to help entrepreneurs, working professionals, and large enterprises to increase their profitability. How we achieve that is by diving into the lifeblood of any business, the P&L. The podcast provides support and insight into the business environment and economic climate and helps listeners to understand how it applies to them and their businesses.
We hope you enjoy :)
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Episodes
Episode 44: The Government Hates Your Small Business
November 02, 2021 04:41 - 34 minutes - 31.9 MBIn this episode we talk about why the government, despite what they say, don't actually like your small business and would rather see it fail. Then we do a detailed walk about the road blocks and hurdles set up to prevent businesses from even getting off the ground, even in a "business friendly" state like TN.
Episode 43: Is Rome Burning Yet?
September 29, 2021 02:21 - 36 minutes - 33.6 MBIn this episode we discuss similarities between the US and the Roman empire. We take a time machine back to 1910 and Jekyll Island to talk about the origins of the fed. What can we learn about Rome's debasing of their currency? What impacts will hyperinflation have on the US?
Episode 42: The NEW Green New Deal
August 26, 2021 01:51 - 37 minutes - 34.3 MBIn this episode we take a dive into the newest spending spree by Washington. A new, fancy $3.5 TRILLION package. What is in it? How are they going to pay for it? Are they going to pay for it? What is the need for this new spending if everything is going so well? We discuss it and find out the implications of what it means going forward.
Episode 41: The Rent is too Damn Free
August 03, 2021 01:06 - 35 minutes - 32.1 MBThe rent moratorium has ended! Are the results surprising? How many people are in jeopardy of losing their homes? What is the federal government doing about it? Who stands to lose out on this deal? Tune in and find out!
Episode 40: Yes, You Should Be Concerned About Inflation
July 23, 2021 02:37 - 40 minutes - 37.1 MBIn this episode we spend some time talking about the recent narrative of "Transitory Inflation". What does that mean? What causes inflation? Who is going to suffer the most from reckless monetary policy? Here is a hint...it isn't the rich! Tune in and check it out!
Episode 39: Covid Winners Have Been Chosen. You Are Not One
July 09, 2021 13:25 - 37 minutes - 34.6 MBIn this episode we talk about who the winners were coming out of lockdowns. How did the US monetary policy impact Wall Street and who benefited? Who were the losers? Covid policy created a new class of billionaires. How did they get rich? Where did they get their money from? Tune in and find out! Show Notes: Wall Street minted 56 new billionaires since the pandemic began — but many families are left behind https://www.nbcnews.com/business/business-news/wall-street-s-best-year-ever-why-pande...
Episode 38: The Federal Government Owns Your State...Even You Texas
July 02, 2021 02:25 - 34 minutes - 31.4 MBIn this episode we take a look at the most recently passed infrastructure bill and how it compares to the previously discussed one, along with the idea that somehow this bill will actually reduce the US debt. Then we go down the rabbit hole and look at federal funding for the states. How do they get it? What is it tied to? What does the federal government want in return? Tune in and find out! Show Notes: House passes $760 billion transportation and water bill, making its pitch on infrastruc...
Episode 37: Your Top Priority: Don't Be Poor
June 18, 2021 03:32 - 34 minutes - 32 MBIn this episode we take a look at the impacts of lockdowns on the different wage earning groups in the country. Who has most negatively been impacted? What is the outlook for the future? What can we do to help mitigate the negative outcomes? All of this and more! Don't forget to like and subscribe! Show Notes: Twitter: https://twitter.com/FinEssentials New Harvard Data (Accidentally) Reveal How Lockdowns Crushed the Working Class While Leaving Elites Unscathed https://fee.org/articles/new...
Episode 36: Trading Crypto and You W/Scott & Kobra Trading
June 14, 2021 14:21 - 1 hour - 65.5 MBI had the pleasure to talk with Scott from Kobra Trading about trading crypto currencies. Scott has taken a very honest and practical approach to trading and has helped me and many others learn and understand the space. Is it too late to get in? How would someone get started? What signals and metrics does he find valuable? How do you wade through the poor information and scammers. Scott answers all of these and more! Show Notes: Scott's Twitter: https://twitter.com/kobratrading Site: https:/...
Episode 35: How to Fill Up a Car With a Bag of Gas
May 27, 2021 12:12 - 36 minutes - 33.3 MBIn this episode we talk about the recent Colonial Pipeline hack. What kind of shortages did it create? Who was impacted by it? Did it cause any price gouging? What is price gouging? Is price gouging bad or does it have some advantages?
Episode 34: The Economics of War w/Scott Horton
May 21, 2021 02:40 - 1 hour - 70 MBIn this episode, the famous author and foreign policy guru Scott Horton dispels the myth that war is good for the country and the economy. We discuss the waste and fraud of the "War on Terror" and the costs that we pay so that the government can continue it's world empire. We learn that it all boils down to one thing....one historical figure is responsible for it all.... Show notes: The Libertarian Institute: https://libertarianinstitute.org/event/ Antiwar.com: https://antiwar.com/ Purchase...
Episode 33: You're Not Entitled to a "Living Wage"
May 13, 2021 01:25 - 35 minutes - 32.3 MBIn this episode we take a look at the April jobs report, a very underwhelming number. What do the jobs numbers represent? What do they mean? We talk about enhanced unemployment benefits and how they can disrupt labor markets. Then we take a look at what a living wage is. Can it be defined? Tune in and find out! Twitter: https://twitter.com/FinEssentials Instagram: https://www.instagram.com/danny_hudsontn Facebook: https://www.facebook.com/FinanceEssentialsLLC Youtube: https://www.youtube.com...
Episode 32: Clint from Liberty Lockdown
May 07, 2021 01:54 - 1 hour - 55 MBIn this episode we talk to rising podcast star and self made entrepreneur Clint, from the Liberty Lockdown podcast. We talk about how he got started and how his show has evolved. We get Clint's take on the future of economy and why it's important for the liberty community to be successful. Show Notes: Clint's Twitter: https://twitter.com/LibertyLockPod Youtube: https://www.youtube.com/user/CrmWestwood Instagram: https://www.instagram.com/libertylockdown/
Episode 31: Biden's Bake Sale
April 29, 2021 01:43 - 33 minutes - 30.4 MBIn this episode we analyze the latest move by Biden where he talks about doubling the capital gains taxes. What are capital gains taxes? Who is impacted by this decision? Why should we care? What is the money going to be used for? There are lots of questions, and I've got answers! Here is a link to the show's Youtube, please subscribe and help us hit 300 so we can share some awesome prizes! https://www.youtube.com/channel/UCOspytukXYXcOTVCubR_yQQ
Episode 30: Why You Can't Afford to Buy a House
April 22, 2021 01:19 - 34 minutes - 31.8 MBHow many homes are currently for sale in the US? Why have we seen such a sharp increase in the price of homes over the last several months? What has been the historic trend of house prices over the last several decades? We take a deep dive into the housing market and what is causing this dramatic rise in home valuations. Like and share if you get some value out of it! Show notes: Twitter: twitter.com/FinEssentials Facebook: www.facebook.com/FinanceEssentialsLLC LinkedIn: www.linkedin.com/co...
Episode 29: Make Mall Rats Great Again
April 15, 2021 02:38 - 34 minutes - 31.7 MBIn this episode we discuss the recent study from UBS that says 80,000 more retail businesses will close by 2026. Where do we stand now that the economy is *hopefully* opening back up again. What will malls look like in the future? Who and what businesses have fallen to the wayside? What have businesses learned and how have they pivoted? We ask similar questions about the food service industry and how they've evolved in the past year. Listen and learn with the rest of us! Subscribe and Share!...
Episode 28: What About the Roads?!
April 07, 2021 22:53 - 40 minutes - 36.8 MBIn this episode, we break down the latest "infrastructure" plan by the Biden administration. What do they hope to achieve? How are they defining infrastructure? How do they claim to pay for it? Who does it help? Who does it hurt. We go into all of this and more! Tune in and give it a share :) Follow Us: Twitter: https://twitter.com/FinEssentials Facebook: https://www.facebook.com/FinanceEssentialsLLC LinkedIn: https://www.linkedin.com/company/finance-essentials Instagram: https://www.instag...
Episode 27: Mayor Pete's Tax the Poor Plan
April 01, 2021 02:14 - 37 minutes - 34.6 MBIn this episode we talk about Mayor Pete's suggestion of a vehicle mileage tax. Why are they trying to pass it? Who does it impact? We also discuss some other taxes that people act are a good thing but only hurt one segment of our population. Show Notes: State Gas Tax Rates https://taxfoundation.org/state-gas-tax-rates-2020/ Long Commutes are Awful, Especially for the Poor https://www.theatlantic.com/business/archive/2015/06/long-commutes-are-awful-especially-for-the-poor/395519/ SugarTax...
Episode 26: Andrew Yang Said What??
March 25, 2021 02:50 - 35 minutes - 32.4 MBIn this episode we take a look at a recent Andrew Yang quote that blew me away. Then we take that quote and do a bit of a deep dive into the American Criminal System. What does it look like? How many people are there? How big of a problem are private prisons? Tune in and don't forget to subscribe and share! Show Notes: Twitter: https://twitter.com/FinEssentials Facebook: https://www.facebook.com/FinanceEssentialsLLC LinkedIn: https://www.linkedin.com/company/finance-essentials Instagram: htt...
Episode 25: What Does $1400 Really Cost You?
March 11, 2021 03:03 - 37 minutes - 33.9 MBIn this episode we take a deep dive into the $1.9 Trillion American Rescue Plan. You'll get $1400 but what is the actual cost? Who is really making out? Where is the money really going? These are questions that we answer on today's show. Show notes: https://taxfoundation.org/state-and-local-aid-american-rescue-plan/
Episode 24: Billy Lane of Choppers Inc
March 01, 2021 04:05 - 52 minutes - 48.4 MBSpecial interview this week! Billy Lane has become one of the most famous chopper builders in the world through decades of experience in creating custom motorcycles and appearing on various tv shows such as Biker Build Off. We talk about how he got into the industry as a kid, what fame brought him, and what he sees as the future for himself. It was an honor to speak to such a legend. Show Notes: Billy's Facebook: https://www.facebook.com/ChoppersInc Instagram: https://www.instagram.com/chop...
Episode 23: Interview with Larry Sharpe
February 17, 2021 04:39 - 55 minutes - 51 MBIn this very special episode, I get to interview the one and only Larry Sharpe! Larry talks about his upbringing and what led him to his beliefs in liberty and freedom. We talk about his run for governor in New York as well as his VP bids for the Libertarian Party. He talks about the importance of being your own boss and what it takes to have a positive mindset. Show Notes: Larry's Twitter: https://twitter.com/LarrySharpe Sharpe Way Twitter: https://twitter.com/sharpe_way Larry's Facebook: h...
Episode 22: Why Your Friends are Wrong About Minimum Wage
February 11, 2021 02:35 - 38 minutes - 34.8 MBIn this episode we discuss the policy that everyone has been talking about...the minimum wage! We give a brief history, then we dive into what the goal the government is trying to achieve by increasing the minimum wage. We give examples of minimum wage and what the effective minimum wage would be if it was set at $15 an hour per state. Let's just say I hope you're not listening from Puerto Rico! Show Notes: Why a $15 Federal Minimum Wage Would Be a Terrible Policy https://fee.org/articles/w...
Episode 21: Wade Riley - Hancho Executive Search Group
February 05, 2021 03:46 - 36 minutes - 33.6 MBIn this episode we talk with Wade Riley, managing partner of Hancho Executive Search Group. We learn what it's like to leave a job of 10 years to start something from the ground up. What kind of sacrifices does it require? What kind of freedom and perks can it provide? We also let Wade give some advice to those in the audience who are maybe considering starting their own business.... Show Notes: Wade's LinkedIn: https://www.linkedin.com/in/waderiley/ Searchers and Seekers Podcast Page: https...
Episode 20: Why Wall Street Thinks You're Dumb
January 28, 2021 21:03 - 35 minutes - 32.9 MBIn this episode, we talk about the most recent fiasco going on with Wall Street, Gamestop, Wall Street Bets, and the infamous short squeeze. What is a short squeeze and how did it happen? Who are the players? What kind of money are we talking about? How is Wall Street getting away with it? Tune in and find out!
Episode 19: Executive Chef Andrew Gruel
January 19, 2021 03:11 - 30 minutes - 27.6 MBIn this episode we talk with Chef Andrew Gruel. He is the owner of Slapfish Restaurant Group. He has made appearances as a judge on "Food Truck Face Off" and was a host on "Say it to My Face". We discuss what drove him to go into food service and the lessons he learned working the overnight shift at Denny's. Recently, Chef Gruel has become a fundraiser for out of work hospitality workers. To date, he has raised over $300k to help needy workers and families for everything from utility payment...
Episode 18: Executive Coach Moses Herrera
January 14, 2021 05:01 - 39 minutes - 36.3 MBIn this episode we interview Moses Herrera, an executive coach, a revenue management consultant, and a spinning instructor. We learn about what it takes to be a successful coach, how to manage social media effectively, and how all of these businesses relate to each other. Show notes: Moses's LinkedIn: https://www.linkedin.com/in/mosesherrera/ Instagram: https://www.instagram.com/moe_herrera/ Facebook: https://www.facebook.com/moeherrera
Episode 17: Gladi and Laura from H&F Redefined
January 11, 2021 04:31 - 42 minutes - 39.1 MBToday we're joined by Gladi and Laura, the co-founders of H&F Redefined. Their passion project was born from the desire to help those individuals who were furloughed or laid off and chose to pursue their passions as well. Despite only being around for a few months, they're already seeing tremendous success. Tune in to find out how! Show Notes: H&F Redefined Site: https://www.hfredefined.com/ Facebook: https://www.facebook.com/hfredefined Instagram: https://www.instagram.com/hfredefined/ Link...
Episode 16: Interview with Ken Madden from Ciro
January 05, 2021 23:11 - 38 minutes - 35.3 MBTo kick off entrepreneur month, we're talking this week to Ken Madden, one of the co-founders of Ciro, a motorcycle accessories company that creates, designs, and helps to manufacture really high quality accessories to Harley, Indian, and Honda Goldwing motorcycles. We get to hear about how the company formed, what types of challenges they faced, and how they were able to be a first to market supporting the Goldwing. Show notes and links: Ciro - https://ciro3d.com/ Ciro Facebook - https://ww...
Episode 15: Compassion Capitalism
December 30, 2020 13:30 - 35 minutes - 32.8 MBIn the final episode of 2020 we discuss one of the most important aspects of capitalism, compassion. Compassion drives increased productivity, increased bottom line performance, and allows us to contribute positively to our communities. Sources for show: COLLABORATIVE WHOLE PERSON CARE + HUMAN TOUCH BENEFITS THE PATIENT AND BOTTOM LINE https://www.hmchealthworks.com/white-papers/collaborative-whole-person-care-human-touch-benefits-patient-bottom-line/ Why Compassion in Business Makes Sense...
Episode 14: Is Doordash Actually Helping Restaurants?
December 23, 2020 16:23 - 35 minutes - 32.3 MBIn this episode we take a look at Doordash and other third party delivery services and the benefits they provide. What is their business model and what help are they actually providing to your local eatery? Source material for the show: The pandemic boosted food delivery companies. Soon they may face a reality check https://edition.cnn.com/2020/12/06/tech/food-delivery-pandemic-doordash/index.html Some restaurants hate delivery apps like Grubhub and Uber Eats. So they're seeking out alterna...
Episode 13: Will Automation Replace You?
December 16, 2020 20:19 - 35 minutes - 32.6 MBRobots and automation have ramped up during Covid. We look at the reasons and benefits of automation. We also take a look at the history and track records of labor disruptions and whether or not you should be worried about your job. Here's a hint....just kidding, listen to the show! Sources for the Show: Robots Once Seen as Job Killers Now Protect Workers From Covid https://www.bloomberg.com/news/articles/2020-12-14/butler-on-wheels-robot-cutting-salad-how-covid-sped-automation Tech Expert...
Episode 12: Big Government vs Small Business
December 08, 2020 23:40 - 35 minutes - 32.1 MBIn this video we discuss what is going on right now with small businesses and how government lockdowns have impacted them vs big businesses and tech firms. We go into detail on the CARES Act and how it didn't really help small businesses at all. Also, what do potential business shutdowns look like vs prior instances. References for the show: How Big Government Stacked the Deck Against Small Business: https://fee.org/articles/how-big-government-stacked-the-deck-against-small-business/ Pinea...
Episode 11: The Case for Bitcoin
December 01, 2020 21:03 - 35 minutes - 32.3 MBIn this episode we discuss the recent new all time high for Bitcoin. What value does Bitcoin provide, and what a block chain is. Then we discuss what role Bitcoin has for the future and why its important considering our current monetary policy Articles referenced in the show: https://www.forbes.com/sites/ericervin/2020/05/07/the-case-for-cryptocurrency-why-even-the-most-cynical-bitcoin-bear-should-consider-investing-and-how-to-get-started/?sh=521cc6e33801 https://fee.org/articles/why-2028-...
Episode Ten: Why You Can't Just Forgive Student Loans
November 19, 2020 02:58 - 33 minutes - 31 MBToday we review the current discussion going on regarding student loan forgiveness. The plans range from $10k all the way to completely free college and forgiven student loans. We talk about the possible implications of the university system and who actually benefits from student loan forgiveness. For Clarification: The US college educated percentage is ~40% and the percentage for Germany is ~30% Sources: https://www.foxbusiness.com/personal-finance/student-loan-forgiveness-who-benefits-mo...
Episode Nine: Vaccines and Your Retirement
November 12, 2020 18:16 - 34 minutes - 31.8 MBIn this episode, we discuss the current economic outlook with the recently developed Covid vaccine, and what that could mean for future industries. Then we talk about retirement accounts, what they mean, the types of accounts for entrepreneurs, and what your options are if you've left a job and started a new one. Here is the link for today's show: https://www.cnbc.com/2020/11/11/coronavirus-vaccine-doesnt-mean-a-quick-economic-recovery-ubs-weber.html
Episode Eight: Market Disruptions in Primary Education
November 04, 2020 21:55 - 34 minutes - 31.4 MBToday we talk about what is going on in the world of primary education. There is a mass exodus of families leaving the public education system and we discuss what that looks like, why they're leaving, where they're going...and how that applies to us in relation to our financial freedom. Sources for show: https://reason.com/2020/11/03/covid-19-didnt-break-the-public-school-system-it-was-already-broken/ https://www.insider.com/how-much-countries-around-the-world-spend-on-education-2019-8#2-t...
Episode Seven: Trade School vs College/University
October 28, 2020 18:03 - 33 minutes - 31.1 MBDue to popular request, we take a dive into the world of higher education. We analyze the impact of both trade schools and universities. What is the better option? Well, that depends on your goals and what you want. It also may depend on your financial situation. Take a listen and let us know! Referenced in the Show: https://financesonline.com/trade-school-college-statistics/ https://www.thesimpledollar.com/investing/college/why-you-should-consider-trade-school-instead-of-college/ https:/...
Episode Six: The Responsibility of the One Percent
October 25, 2020 01:07 - 32 minutes - 30.1 MBToday we take a look into what the Covid lockdowns are doing to some countries around the world. Then we dive into what it means to be a part of the one percent, and as a result the types of responsibilities that goes into being a part of it. Links for reference to this week's show: https://www.npr.org/sections/coronavirus-live-updates/2020/07/13/890398347/u-n-report-says-pandemic-could-push-132-million-people-into-hunger https://www.msn.com/en-gb/news/world/coronavirus-linked-hunger-kills-...
Episode Five: Entrepreneurship and the Power of Positivity
October 07, 2020 03:03 - 37 minutes - 34.3 MBDanny decided to change the show today at the last minute. It was time to introduce some positivity into the world. He discusses the recent rise in the number of small businesses and how small businesses are able to disrupt markets. Then he goes into some great examples of entrepreneurship and people (including kids) who are providing value to people everywhere. Here are the links for what was covered in this episode: https://fee.org/articles/entrepreneurship-is-skyrocketing-during-the-pande...
Episode Four: Interview With an Expert
September 30, 2020 00:58 - 31 minutes - 28.4 MBToday we have a great conversation with Elizabeth, and we learn about how the current business climate has impacted her firm as well as the customers she serves. We learn about industries that are doing it right, and we learn about industries that have a tough battle ahead. We talk about the relationship between Finance and Sales, and she provides some wonderful insight on where business owners and working professionals should go next.
Episode Three: 4 Year Old Finance
September 27, 2020 17:36 - 6 minutes - 5.64 MBOliver wanted to play with the new mic and I thought what better way to test it out than to interview a four year and what he knew about money and finance. It's just a fun, off the cuff, short interview with a four year old. I hope you enjoy i!
Episode Two: Will COVID Pop the University Bubble?
September 22, 2020 18:59 - 31 minutes - 28.5 MBDanny discusses an article from FEE this week that discusses how many colleges and universities are poised to fail from a combination of COVID-19 and students no longer willing take out debt for the rest of their lives to pay for it. He provides additional back up support and what you can do to learn from it and improve your business and/or career. Here are the links to the articles used: https://fee.org/articles/nyu-prof-more-than-20-percent-of-universities-could-fail-because-of-the-lockdow...
The Inaugural Episde
September 19, 2020 03:06 - 29 minutes - 27.5 MBThe first episode and release of the Finance Essentials podcast. We take a published article for the week, touch on key points, and then break down what that means to the business and environment and how you can leverage that knowledge to improve your business and career path. The P&L doesn't lie!