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Social Proof Podcast

THIS May Be Safer Than Keeping Cash - David Shands

Social Proof Podcast

Social Proof Network

Entrepreneurship, Business

5 β€’ 2K Ratings

πŸ—“οΈ 23 June 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

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Transcript

Click on a timestamp to play from that location

0:00.0

Yo, Dave, what you got for me, man?

0:06.5

So as we're talking about financial literacy

0:09.4

and understanding how money works,

0:12.8

some people do look at investing in the stock market is gambling.

0:17.0

But like, what isn't gambling?

0:20.2

I mean, you're, if you invest in real estate, no one says real estate is gambling, but it is.

0:27.3

I mean, anything could happen to that house.

0:29.7

Starting a business is gambling.

0:31.2

You buy a new camera.

0:32.8

It's gambling.

0:33.6

What's going to, what happens if you drop it?

0:35.8

You get guaranteed that you won't drop it.

0:37.6

You know what I mean?

0:38.0

Like there's everything is a gamble.

0:40.5

Now, the good news is when you start looking at the stock market outside of the crazy

0:44.8

stuff that's going on right now, and I'm not, I'm not a financial literacy person, you feel

0:50.7

me?

0:52.0

But if you invest in, I think it's it's what's up family if you're in the

0:56.6

self-care business or you offer high-end personal experience stuff right whether it's a

1:00.8

salon or a med spa barbershop you got in a business to help people look and feel their

1:05.7

best but your day maybe filled with scheduling headaches or missed appointments and systems breaking down

1:13.1

and adding stress to your day and you don't feel your best. So how are you going to provide that

...

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