#423 Brock Blake on Small Businesses During The Pandemic

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 5 November 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brock Blake is founder and CEO of Lendio, an online marketplace for small business loans. Lendio offers borrowers access to loan options from more lenders than any other marketplace in the industry. In this conversation, we discuss the small business reality right now, how PPP funding impacted these entrepreneurs, and how Brock and his team serviced 100k businesses with $8+ billion in funding. ======================= OKCoin.com is the leading crypto exchange for both beginners and experienced users. You can fund your account in under 2 minutes, and get access to the most advanced trading engine, all while paying the lowest trading fees in the industry (0.1%). Visit http://www.okcoin.com/pomp and open your account today. ======================= Harvested Financial makes options incredibly simple. They’re the first options robo advisor, where you can build and customize a personalized trading plan that gets automatically executed. Options help you speculate in capital efficient ways, diversify your holdings with market neutral strategies, and generate passive income by selling premium. https://www.harvestedfinancial.com/pomp ======================= Did you know only 1% of day traders actually turn a profit? So why are so many of us mistaking picking stocks for serious investing? You can’t control the markets, but you can control your risks. So how do billionaire investors control their risk? They invest in blue-chip art. If that sounds unusual to you, you’re not alone. But the ultra-wealthy have been investing in art for centuries. And since 2000, art has outperformed the S&P by an incredible 180%. Just a few years ago, a single work sold for $450 million! Imagine...Being able to invest in the very same paintings as millionaires and billionaires, at a fraction of the cost. Masterworks.io is an exclusive platform that makes it as easy as trading stocks online. And the best part is: you don’t need to know anything about art. Their experts will create a custom portfolio to meet your investment needs. With Masterworks.io you don’t have to choose between big risks and big returns. Sign up today, select PODCAST and you can skip the 70,000 waitlist to get first dibs. Just go to http://www.masterworks.io and select PODCAST. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off.
0:13.1	Brock Blake is the founder and CEO of Lendio, an online marketplace for small business loans.
0:19.6	Lendio offers borrowers access to loan options
0:22.2	from more lenders than any other marketplace
0:24.6	in the industry.
0:26.1	In this conversation, we discuss the small business reality
0:29.1	right now, how PPP funding impacted these entrepreneurs,
0:33.1	and how Brock and his team service 100,000 businesses
0:36.3	with $8, billion in funding.
0:38.6	I really enjoyed this conversation with Brock, and I hope you do as well.
0:43.5	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:47.3	First up is OK coin.
0:50.0	They're a new sponsor, so make sure you pay attention to this one.
0:52.8	There are a lot of crypto exchanges from us to choose from.
0:55.0	Whether you're new to crypto, an advanced trader, or an institution,
0:58.0	the most important thing when choosing an exchange is typically how easy it is to fund your account
1:01.9	and the cryptos you can access through it.
1:04.1	I always recommend people to have an account on a regulated exchange
1:06.7	so you can easily go in and out of the market using your bank account. Recently, we've seen large regulated exchanges, hike up trading, and withdrawal fees.
1:14.4	Obviously, that's not cool.
1:16.2	OKCoin is a U.S.-based regulated exchange that serves 184 countries and is super easy to use
1:21.1	and offer some of the lowest fees in the industry.
	...

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