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The Stacking Benjamins Show

Was George Washington an Entrepreneur? (with John Berlau)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.42K Ratings

🗓️ 6 July 2020

⏱️ 63 minutes

🧾️ Download transcript

Summary

As we round the 4th of July holiday, we've all celebrated George Washington as the first President of the United States, the general who lead the Continental Army against the British, and the second or third most popular character in the Broadway play "Hamilton." However, did you ever think of George Washington as an entrepreneur? Economist John Berlau has thought about that AND how Washington's entrepreneurship aspirations molded both his vision as a future leader, and our country. Today he's with us to share stories from Washington's life, including how he became an entrepreneur, and some of his most prominent contributions to our country. If you're a history fan, entrepreneur, or just someone who wants to learn how the best-and-brightest made their way, today's show is for you.

Of course, that's not all. We'll discuss the recent issues with the economy and your 401(k) plan. It turns out that you can still become a 401(k) millionaire. There's no need to get overly creative with your financial plan. That'll be good news for most of us. Plus, we'll talk estate planning. When someone chooses you to manage their affairs when they pass away, what should you do? For some of you we'll preview our best tips, and for everyone else, we'll share what you should think about when choosing an executor or contingent trustee. Don't know those terms? We'll even share what that means on today's show for no charge!

Of course, we also save time for Doug's fireworks, including his trivia AND incredible wit. It's a kick-butt first show back for the SB team, and we're glad you're hanging out with us.

Check out the show notes for ALL of the links in today's show!

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Transcript

Click on a timestamp to play from that location

0:00.0

Here's the song that we'd like to do for all the younger set of people, the teenagers and what have you.

0:05.0

This one's called Vacations Open.

0:10.8

Vacations all that is.

0:13.8

It's over. It's over.

0:25.9

Live from Joe's Mom's Basement it's the Stacking Benjamin show.

0:41.9

I'm Joe's mom's neighbor, Doug, and happy independence day to all you stackers in the U.S. and elsewhere around the world.

0:52.6

While you're celebrating this national holiday, let's also celebrate some of the business moves that one of my favorite founders made all the way back in the 1700s.

0:56.1

Who else but Mr. George Washington? Today, we welcome historian John Burlough

0:59.1

to talk about George Washington entrepreneur.

1:02.7

Also, ever wonder what it means to be the executor

1:05.6

of an estate when a loved one passes away.

1:08.6

What should you know and what are you supposed to do?

1:11.5

Rest assured stackers, we'll point you in the right direction. Of course, we'll still be

1:16.4

free to toss out the Haven Lifeline to Sean, who has a 401k asset allocation question,

1:22.7

and my trivia is going to be an absolute blast, because, you know, like fireworks.

1:29.7

And now, two guys who are still mentally on vacation, Joe and O, Jha, Jha, Jha, Jee.

1:43.3

That is a rumor, vicious rumor, Doug.

1:46.6

We are back and more than just back sitting in the microphone.

1:50.8

We are back and ready and focused to bring you some big money this summer.

1:55.8

And across the card table from me, the guy with wads of cash, he's ready to give it away, Mr. O.G.

2:04.3

Stacks on stacks, on stacks.

2:07.3

All you do.

...

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