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The Clark Howard Podcast

05.16.22 Entrepreneurs: Being Your Own Boss / Control: Vehicle A.I. Tracking Drivers

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Investing, Business

4.65.2K Ratings

🗓️ 16 May 2022

⏱️ 33 minutes

🧾️ Download transcript

Summary

If you feel you can serve a need in the marketplace, this is a golden era for entrepreneurs. Clark discusses the many considerations involved in starting your own business. Also, the number of people injured or killed in road accidents has gone way up. A.I. technology can prevent or reduce the severity of accidents, which involves driver tracking & control - now mandated in parts of Europe. Auto Insurance tracking is a different matter. Clark’s take on the implications of fast moving tech which - in solving one problem - may create another. Entrepreneurs: Segment 1 Ask Clark: Segment 2 Vehicle A.I. Safety Tracking: Segment 3 Ask Clark: Segment 4   Mentioned on the show: Save Money on Merchant Processing Fees Creative Destruction Definition - Investopedia How and When To Cancel a Credit Card 5 Sneaky Ways To Improve Your Credit Score Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's something so romantic about winter and I don't know whether that's just because

0:05.4

I'm a bit of a homebody and I love a 5th.

0:08.0

But I think it's just the holiday period, it's just for me, it's the most romantic period.

0:14.1

And I think anyone who's listened to my records will know that I'm quite a big fan of romance.

0:18.8

Join in every sip with Red Cops Now Back at Starbucks.

0:31.2

It's my pleasure to welcome you to the Clark Howard Show.

0:34.0

Our mission is to serve you and empower you to make better financial decisions in your life.

0:41.9

So this is a golden era we're in for entrepreneurs.

0:48.9

Now I want to talk about why this is really a time that if you've thought about it, you

0:56.9

can consider making the leap to having your own business.

1:03.2

And later, cars are tracking us.

1:08.0

Some people think that's great, others not so much.

1:13.8

Which do you be aware of with this?

1:17.1

So I am a born entrepreneur and it's part of our family culture.

1:27.0

I think about how both my brothers, my sister and I all entrepreneurs.

1:35.0

And I think about my cousins, how many of my cousins are entrepreneurs.

1:40.7

And I don't know exactly why in our family culture, it turned out that way.

1:48.9

But one relative said it's because none of us liked to ever be told what to do.

1:54.6

That was not a compliment.

1:57.2

But there is a wonderful thing about being your own boss, about being an entrepreneur.

2:09.7

And it's not necessarily about money.

2:13.1

Not everything in life is about money.

...

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