Fighting the Seduction of "Success"
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 18 July 2022
⏱️ 67 minutes
🧾️ Download transcript
Summary
When you're "winning" at work it's easy to double down and think, "I'm going to work even harder and the results will multiply." This is the first move in a long, painful set of lessons for most people who learn the hard way that working harder doesn't always equal working smarter. Jodi Katz sees this mistake often in the rough-and wild world of beauty. The popular podcaster and beauty media company CEO spent her early years working for several large brands before setting off on her own entrepreneurial path. She's here today to share how she finally found success, and some of the missteps and strategic moves she made along the way that led her to important lessons.
In our headline segment, we look at two big publications, each citing a different major bank with a polar-opposite opinion on the economy than the other. What do you do when even the biggest names can't figure out whether we're headed for more pain in this market? The guys share it all AND give you tips on how you should think about your own financial plan during these times. We'll also answer Marco's question about permanent life insurance and Doug will share his trivia.
Enjoy!
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Transcript
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| 0:00.0 | Hey there, Stackers. It's a beautiful Monday morning here in Texarkana, Texas, which means it's time for our Navy Federal shoutout, OG, where we raise our glasses, our coffee cups, or depending on what time of day it is, wherever you are, maybe your foamy beverage cup, and we're going to salute our troops. |
| 0:17.6 | So on behalf of the men and women of Navy Federal Credit Union and all of our team making stacking Benjamin's podcast here in Mom's Basement, |
| 0:26.4 | big shout out to the men and women keeping us safe. |
| 0:29.7 | Let's go stack some Benjamin's together, shall we? |
| 0:31.9 | He got me invested in some kind of fruit company. |
| 0:36.6 | And so then I got a call from him saying, |
| 0:38.5 | we don't have to worry about money no more. |
| 0:40.2 | And I said, that's good. |
| 0:43.3 | One less thing. |
| 0:49.7 | Live from Joe's Mom's Basement,. It's the stacking Benjamin show. |
| 1:04.6 | I'm Joe's mom's neighbor, Doug, and first off, I just have to apologize to everybody. |
| 1:09.8 | You know, now that we're doing the live shows on YouTube, it turns out my beauty is getting |
| 1:15.0 | distracting for everybody. |
| 1:16.5 | I mean, it's a blessing and a curse. |
| 1:18.0 | Think about how difficult it is for my perspective, people. |
| 1:21.4 | But look, our guest today knows what I'm talking about. |
| 1:24.0 | Jody Katz is the host of the long-running podcast where brains meet beauty. |
| 1:29.6 | And today, we're diving into a case study of surviving and thriving in the rough and tumble |
| 1:35.5 | world of the beauty industry. |
| 1:37.7 | For our TikTok Minute, you'll hear some surprising insights on incentive programs. |
| 1:42.4 | In our headlines, after a horrible week in the stock market, are we finally in a recession? |
| 1:48.8 | We'll dive in. |
... |
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