398-How to Invest In Your Local Community for Financial Profit and Community Gain: Interview With Businessman and Investor Tim Yarbrough
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 17 November 2016
⏱️ 75 minutes
🧾️ Download transcript
Summary
One of the thorny research projects which I'm personally undertaking is to study the most effective ways to invest my money and my life into my local community without passing through the financial services intermediaries.
Friends, it ain't easy.
Our entire world is wired to go through the mainstream banking/investment/etc. industry. And it's not easy to break free.
But, I'm convinced that it is possible.
So, I'm working on it.
And today, I've invited a new friend of mine on the show to explain how he does it.
Tim Yarbrough is an entrepreneur and investor from Alabama who has been in business for over 40 years. He has personally invested in dozens of companies there in his community.
Today, he shares his wisdom from 40 years of experience with you and with me.
Enjoy!
Joshua
- Support RPF on Patreon: www.radicalpersonalfinance.com/patron
- Book a consulting phone call with me: www.radicalpersonalfinance.com/phonecall
Transcript
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| 0:00.0 | This episode is brought to you by Cracken. |
| 0:03.0 | Crippo is like finance, but different. |
| 0:06.0 | It doesn't care when you invest, trade or save, |
| 0:09.0 | through it on weekends, or at 5 a.m. |
| 0:12.0 | Or on Christmas Day at 5 a.m. |
| 0:14.4 | crypto is finance for everyone everywhere all the time. |
| 0:18.8 | Visit crackin.com slash see what crypto can be to learn more. |
| 0:23.0 | Don't invest unless you're prepared to lose all the money you invest. |
| 0:26.0 | This is a high-risk investment and you should not expect to be protected if something goes wrong. |
| 0:32.0 | Welcome to Radical Personal Finance, the show dedicated to providing you with the knowledge, skills, |
| 0:37.0 | insight and encouragement you need to live a rich and meaningful life now while building a plan for financial freedom in 10 years or less. |
| 0:45.0 | Today we talk primarily about investing. |
| 0:48.0 | We're going to talk about how to invest in the local community with local participants in the community. |
| 0:53.4 | My guest today is Tim Yarborough. |
| 0:55.1 | Tim, I don't know how to describe you. |
| 0:56.3 | Are you a businessman? |
| 0:57.7 | How do you describe yourself when somebody says to introduce yourself? |
| 1:01.6 | Yes, I'm a business owner, have been for over 40 years, so I'm an entrepreneur, but I'm an |
| 1:11.0 | entrepreneur with a vision for at least three generations. |
| 1:16.8 | So we connected online after I was doing some research |
| 1:21.1 | and just to set the stage for the audience. |
| 1:23.4 | One thing that I have, one decision that I made a few years ago is I sold for various reasons. |
... |
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