Add Revenue Streams with Vertical Integration and Investing in Stocks with Joseph Taylor

08/10/22 • 51 min

I'd never even heard of the term "vertical intergration" until speaking with my guest, Joseph "thealmightyJT" Taylor. It is probably the best way to add revenue streams to your business. Turns out, I've been doing some form of that with my business.
Outside of that, JT is self-educated trader, investor and entrepreneur. He made his mistakes early and is continuing to learn from them. His revenue streams include his personal trading, operating a trading community and trading software, Capital Flow.
2:20 - JT tells how he got into trading stocks and how it started from a personal finance class in high school. https://youtu.be/dbz8IqGi2ho
5:41 - JT explains how his trading software, Capital Flow, works to help nonprofessional traders keep up with the professional traders.
8:42 - My guest tells how he uses social media to market his trading software. He understands how important social media is for reaching his target market of young minorities.
15:10 - The basics of trading stocks and the many ways to make money.
22:36 - JT talks about the mistakes he made when he first started trading stocks. His biggest mistake, trying to get rich overnight.
24:33 - The importance of building a team as an entrepreneur. JT explains some of the mistakes he made with hiring help and avoiding working with friends.
36:33 - Vertical integration. JT introduces me to the concept and explains how a lot of people are adding revenue streams the wrong way. Instead of having multiple businesses that have nothing to do with one another, he suggests creating businesses that feed off the others.
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Produced by Prime Time Media

Previous Episode

The Business of Podcasting and Podcasting for Your Business with Loryn Denise

My guest, Loryn Denise, is the host of the This Too Shall Suck Podcast and a full-time podcaster. Who better to feature on the first episode. We discuss who should start a podcast, the benefits of having a podcast for your business, monetizing your podcast and more.
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2:23 - Guest Intro. Loryn introduces herself and talks about her podcast and her "why" for starting her podcast.
5:45 - Podcast Consulting. Loryn consults with, and helps others, start their podcast. Some people might want to start a podcast, but aren't really ready for what that entails.
13:24 - Why should business consider a podcast? Loryn dives into the benefits of starting a podcast to grow your business.
watch video----> https://youtu.be/LDNicWc5UUU
16:14 - Who should you feature as guests on your podcast?
19:40 - Monetizing a podcast. Loryn discusses many of the direct and indirect ways to monetize a podcast. One direct way is getting sponsors. An indirect way is guiding listeners to your services and offerings as a business.
29:05 - Why people struggle with being consistent with their podcast. Why is it hard to get pas the 7 episode mark?
33:20 - Does having a video component with your podcast help?
1:02:29 - Introducing guests and sending questionnaires.
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Next Episode

Why You Need a Lawyer on Your Team and Trademarks with the Influencer Attorney, Bobby Robinson

This podcast filming was the first time I had met Mr. Bobby Robinson. I reached out to him via Instagram to invite him and he agreed to be a guest.
Bobby has already accomplished a lot with his legal practice as well as his other business ventures, which you'll hear about in this episode. You'll even hear me proclaim that I found the perfect podcast guest...because he is.
1:43 - How did you make your first million dollars? I asked him this question, just being sarcastic, and...he answered
5:45 - Bobby explains his journey to law school and taking the bar exam. Not something he thought he'd be doing, but he needed the credentials.
9:30 - Becoming a partner at one of the country's top 200 law firms, Nexsen Pruet.
12:30 - Bobby describes the nature of the work he does for his clients, which include influencers, content creators, athletes, student athletes and more. He serves most of his clients in the area of brand protection and trademarks.
19:40 - What was your biggest investment in yourself or your business? Bobby talks about how having the right people around him in the form of friends and mentors has been his biggest investment.
28:45 - At what point in someone's journey as an entrepreneur do they need to consider having an attorney on their team? Bobby explains why it's important to consult with an attorney before you even file for an LLC.
40:43 - Bobby talks about how he markets himself as an influencer attorney. Word of mouth and a good reputation have always been key, but putting out content that educates has helped also.
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Produced by Prime Time Media