Business RadioX ®

  • Home
  • Business RadioX ® Communities
    • Southeast
      • Alabama
        • Birmingham
      • Florida
        • Orlando
        • Pensacola
        • South Florida
        • Tampa
        • Tallahassee
      • Georgia
        • Atlanta
        • Cherokee
        • Forsyth
        • Greater Perimeter
        • Gwinnett
        • North Fulton
        • North Georgia
        • Northeast Georgia
        • Rome
        • Savannah
      • Louisiana
        • New Orleans
      • North Carolina
        • Charlotte
        • Raleigh
      • Tennessee
        • Chattanooga
        • Nashville
      • Virginia
        • Richmond
    • South Central
      • Arkansas
        • Northwest Arkansas
    • Midwest
      • Illinois
        • Chicago
      • Michigan
        • Detroit
      • Minnesota
        • Minneapolis St. Paul
      • Missouri
        • St. Louis
      • Ohio
        • Cleveland
        • Columbus
        • Dayton
    • Southwest
      • Arizona
        • Phoenix
        • Tucson
        • Valley
      • Texas
        • Austin
        • Dallas
        • Houston
    • West
      • California
        • Bay Area
        • LA
        • Pasadena
      • Colorado
        • Denver
      • Hawaii
        • Oahu
  • FAQs
  • About Us
    • Our Mission
    • Our Audience
    • Why It Works
    • What People Are Saying
    • BRX in the News
  • Resources
    • BRX Pro Tips
    • B2B Marketing: The 4Rs
    • High Velocity Selling Habits
    • Why Most B2B Media Strategies Fail
    • 9 Reasons To Sponsor A Business RadioX ® Show
  • Partner With Us
  • Veteran Business RadioX ®

LIVE from RISKWORLD 2022: Oscar Villanueva, Managing Director of Security Services, R3 Continuum

May 26, 2022 by John Ray

Security Services
Minneapolis St. Paul Studio
LIVE from RISKWORLD 2022: Oscar Villanueva, Managing Director of Security Services, R3 Continuum
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Security Services

LIVE from RISKWORLD 2022: Oscar Villanueva, Managing Director of Security Services, R3 Continuum

Oscar Villanueva, Managing Director of Security Services for R3 Continuum, joined host Jamie Gassmann at the R3 Continuum booth. Oscar explained the role of security services when clients reach out to R3 Continuum for help, the impact of an event that goes beyond the victim, the ultimate cost of not being prepared, and much more.

Workplace MVP is underwritten and presented by R3 Continuum and produced by the Minneapolis-St.Paul Studio of Business RadioX®.

This show was originally broadcast from the RIMS 2022 RISKWORLD Conference held at the Moscone Center in San Francisco, California.

Oscar Villanueva, Managing Director of Security Services, R3 Continuum

Oscar Villanueva, Managing Director of Security Services, R3 Continuum

Oscar Villanueva, a well-known international security expert, and former federal law enforcement senior executive brings many years of risk assessment and management, investigative, emergency preparedness, training, and critical infrastructure security experience, worldwide. He oversaw the security-based initiatives in over 180 locations throughout the world and has worked directly with the United Nations, Interpol, Europol, and during multiple Olympic Games.

He has over 30 years in federal law enforcement and corporate security consulting domestically and internationally. One of his areas of focus was workplace violence during his time with federal law enforcement and for the last decade in corporate security venues.

He now helps individuals and organizations navigate the difficulties of overall security and risk issues.

Mr. Villanueva lives in San Francisco.

LinkedIn

About Workplace MVP

Every day, around the world, organizations of all sizes face disruptive events and situations. Within those workplaces are everyday heroes in human resources, risk management, security, business continuity, and the C-suite. They don’t call themselves heroes though. On the contrary, they simply show up every day, laboring for the well-being of employees in their care, readying the workplace for and planning responses to disruption. This show, Workplace MVP, confers on these heroes the designation they deserve, Workplace MVP (Most Valuable Professionals), and gives them the forum to tell their story. As you hear their experiences, you will learn first-hand, real-life approaches to readying the workplace, responses to crisis situations, and overcoming challenges of disruption. Visit our show archive here.

Workplace MVP Host Jamie Gassmann

Jamie Gassmann, Host, “Workplace MVP”

In addition to serving as the host to the Workplace MVP podcast, Jamie Gassmann is the Director of Marketing at R3 Continuum (R3c). Collectively, she has more than fourteen years of marketing experience. Across her tenure, she has experience working in and with various industries including banking, real estate, retail, crisis management, insurance, business continuity, and more. She holds a Bachelor of Science Degree in Mass Communications with special interest in Advertising and Public Relations and a Master of Business Administration from Paseka School of Business, Minnesota State University.

R3 Continuum

R3 Continuum is a global leader in workplace behavioral health and security solutions. R3c helps ensure the psychological and physical safety of organizations and their people in today’s ever-changing and often unpredictable world. Through their continuum of tailored solutions, including evaluations, crisis response, executive optimization, protective services, and more, they help organizations maintain and cultivate a workplace of wellbeing so that their people can thrive. Learn more about R3c at www.r3c.com.

Company website | LinkedIn | Facebook | Twitter

 

TRANSCRIPT

Intro: [00:00:03] Broadcasting Live from RISKWORLD 2022 at the Moscone Center in San Francisco, it’s time for Workplace MVP. Brought to you by R3 Continuum, a global leader in helping workplaces thrive during disruptive times. Now, here’s your host.

Jamie Gassmann: [00:00:23] Hi, everyone. Your host, Jamie Gassmann here at the RISKWORLD 2022 Expo Hall in R3 Continuum Booth. And joining me is Oscar Villanueva, who is with R3 Continuum. Welcome to the show.

Oscar Villanueva: [00:00:38] Hello, Jamie. Good talking with you today.

Jamie Gassmann: [00:00:40] So, talk to me a little bit about the role you play at R3 Continuum.

Oscar Villanueva: [00:00:44] Well, my role is as Managing Director of Security Services for R3 Continuum. And, basically, what I do is I support the organization and clients when it comes to security services. And that could be anything from investigations, protective services, threat assessments, facility security assessments. Anything that has to do with physical security, I am available for clients to to use and to take advantage of our services.

Jamie Gassmann: [00:01:13] Yeah. You know, and from conversations I’ve had with you, you know, the uniqueness of the services that R3 provides is that behavioral health component to the solution. So, talk to me a little bit about that and how that’s a differentiator or unique in the marketplace.

Oscar Villanueva: [00:01:28] Well, you know, R3 continuum is a leader in behavioral health support and solutions with disruptive event management and crisis response, all of those kinds of services. And R3 has been doing it for many, many years and doing it very, very well as a leader in the industry. What makes my contribution to R3 significant is that every time you have a crisis situation, every time you have a workplace violence issue, every time you have a call that you’re making to R3 Continuum for services, there’s usually a security component that comes along with that. And, you know, having those two services – security and crisis response – along with behavioral health really does a unique and best-in-class response service from R3 Continuum for our clients. So, I think it’s an important component.

Jamie Gassmann: [00:02:26] Yes, it’s almost like they have the holistic response basically. It’s like you can look at it from a physical, you know, what caused the particular, you know, situation or incident, but then also from the behavioral side of it as well. They’re kind of almost getting a comprehensive kind of support from the company, correct?

Oscar Villanueva: [00:02:44] Yes. And I think part of what that type of service means is that R3 Continuum uses a team of experts approach. So, if you come to R3 Continuum, and you’re getting behavioral health, and there’s some security question that comes up, I’m brought into the case, the situation, and I provide an assessment from a security perspective. And if I’m working a security issue, you know, the same thing occurs because, you know, R3 Continuum has experts in behavioral health. So, the combination of the two and a team-of-experts approach is really what makes it a powerful service for our clients.

Jamie Gassmann: [00:03:26] And from a risk insurance perspective, you know, taking and looking at it through that lens, you know, how does that help them from like a litigation perspective or kind of a risk mitigation perspective?

Oscar Villanueva: [00:03:40] Well, for insurance providers, I think the most important thing is to mitigate crisis and even to prevent it, if you can. And contacting R3 Continuum, for example, I can think of a number of cases where, perhaps, you had a workplace violence issue that started as a threat, and then, through our services and doing a threat assessment, we are able to discover what the cause of the threat is, what’s behind the the potential violence, and we can provide an assessment as to what the best way is to move forward. And when you do this, you’re really either preventing or mitigating risk, which in the insurance world, I’m fairly certain that it’s extremely important. The less claims you have, the better off you are, or if you can minimize the claim to the lowest possible level, so that the loss is contained, then it becomes very desirable for an insurance company to use those services.

Jamie Gassmann: [00:04:44] Absolutely. And it also helps holistically for that organization to recover, you know, financially and not only that, but with their people as well.

Oscar Villanueva: [00:04:53] Right. Yeah. So, clients that — excuse me. Clients that use us, generally, are able to get the situations resolved quicker and people back to work sooner. And in the long run, that results in some, you know, significant results that really can save not only financial resources but also minimizes the human effects of this type of crisis when it happens to someone at work.

Jamie Gassmann: [00:05:25] Absolutely. And so, you are presenting on Wednesday on the human impact or the human cost, the true cost to human impact of workplace violence. Can you talk a little bit about that presentation that you’re giving here at RIMS?

Oscar Villanueva: [00:05:41] Yes, it’s on Wednesday at noon at the Thought Leader Theater on the exhibit hall. And what I want to talk about is the true impact of workplace violence on individuals at the workplace, and how it’s not just the individuals that are affected at the workplace but their families, coworkers that maybe were not there at the time. There’s a range of individuals, a number of people that get affected beyond the victim.

And when you hear about this workplace violence issues on the news or in the media, typically you think about the victim, right? The victim was, you know, threatened, assaulted or even killed, unfortunately. But there’s a range of other — there’s other victims that go along with that particular one that are almost unnoticed or unmentioned that also suffer. So, I think there’s a bit of a discussion to be had there, along with also talking about how to mitigate it, how to plan for it and how to prepare for it because the better an organization prepares for it, obviously, the less likely it is that it will happen. And if it does happen, then the impact can be minimized significantly.

Jamie Gassmann: [00:07:04] Yeah, it’s almost like a ripple effect, right?

Oscar Villanueva: [00:07:06] Correct.

Jamie Gassmann: [00:07:06] You got your kind of point of impact where you have your most concentrated, impacted employees. But there’s always more people that are involved that have to be taken into consideration. And then, not only that, how do you support them to make sure that they get the help that they need, you know, being that they might be in more of like a tertiary kind of layer of of impact and could get forgotten.

Oscar Villanueva: [00:07:28] That’s very true. Very true.

Jamie Gassmann: [00:07:29] Yeah.

Oscar Villanueva: [00:07:30] And, you know, it all starts with behavioral health, because when somebody goes to trauma and crisis, it’s really important to get them back to some level of normalcy. You never-

Jamie Gassmann: [00:07:39] Yeah.

Oscar Villanueva: [00:07:39] You know, it never goes away. You know, the thoughts of being in a workplace violence issue or witnessing a workplace violence homicide or something like that, it really never leaves you. But with behavioral health and psychological support, you can really have people come back to some level of normal and continue their daily lives without it affecting them to a large extent.

Jamie Gassmann: [00:08:01] Yeah. And what I’ve heard, and I don’t know if you can kind of comment on that, I know that there might be others within R3 that can as well, that there’s a different type of — you need somebody specialized in these types of incidents that it’s a different type of coaching or consulting that they’re giving to individuals impacted as opposed to someone that maybe just has like a depression or anxiety. It’s a different type of support, correct?

Oscar Villanueva: [00:08:29] Well, yes, that has been my experience. And I think R3 Continuum does it very, very well with the staff of counselors that are available and how quickly you can get there to provide the services. Because after you have a crisis, it’s really critical to have someone get to those individuals as quickly as possible. The sooner they can talk about how they feel and what happened, the faster they can recover. And so, it’s really critical that that happens. Yes.

Jamie Gassmann: [00:08:56] Yeah, absolutely. So, if there are three takeaways or takeaways that you want your audience to be left with after attending your session, what would those be?

Oscar Villanueva: [00:09:06] Well, one is that it’s important to prepare. And in order to prepare, you really need to do a few things, mainly to put together a workplace violence program with threat assessment teams, and just be ready for anything that comes because through that process, you can prevent or you can mitigate workplace violence going forward. So, that would be number one.

The second is that the impact of workplace violence on individuals goes far beyond that initial victim, and it really affects their families, or communities or workers. So, that would be the second takeaway. So, when you’re thinking about a workplace violence issue, it’s really important to consider who else is being affected by this. So, that would be the second takeaway.

And the third takeaway that I would like to share is that oftentimes, you know, there’s a saying that when you’re a hammer, everything looks like a nail. And so, many of our clients tend to think about their world on the basis of what they do for a living. For example, they could be in manufacturing, they could be in services, they could be a medical office. And so, their worldview always focuses on that type of service or that type of product that they’re manufacturing. But in reality, when it comes to workplace violence, it kind of goes outside of that. So, you have to shift your paradigm, your thinking to consider, “Okay, I am a manufacturing company primarily, but if I have a workplace violence issue, that could be a problem. So, I’m going to think about that. I’m going to prepare for that. And I’m just going to go back and do my business because now I’m prepared,” right?

And the result of that is that, oftentimes, companies, organizations that have workplace violence issues fail to prepare for it. But when something happens, there’s no end to how much money they have to spend on it and they’re gladly spending it. So, in the long run, it’s easier, cheaper and better to prepare ahead of time than to have an issue later and make it very costly in terms of human capital and also financial capital.

So, prepare early and often, have a plan, and be ready because there’s only really two kinds of companies in this world, one that has had a workplace violence issue and that one that will have a workplace violence issue because as long as you employ people, as long as you have employees, you’re going to have those kinds of concerns. So, those would be my three recommendations.

Jamie Gassmann: [00:11:42] Wonderful. And that sounds like a great presentation. I hope the audience picks up on all those great takeaways that you’re providing to them. If somebody wanted to get a hold of you to learn a little bit more about what R3 Continuum does or a little bit more about what your role is there and the services that we provide, how can they do that?

Oscar Villanueva: [00:12:02] Well, they can get a hold of me through R3 Continuum by going to the website, and there’s a contact information in there. The other way is to just email me the Oscar,Villanueva@r3c.com.

Jamie Gassmann: [00:12:19] Wonderful. And that website’s r3c.com, correct?

Oscar Villanueva: [00:12:22] That’s correct.

Jamie Gassmann: [00:12:23] Awesome. Well, thank you so much for joining us, Oscar. It’s been great to have you on the show.

Oscar Villanueva: [00:12:26] Thank you, Jamie.

Outro: [00:12:32] Thank you for joining us on Workplace MVP. R3 Continuum is a proud sponsor of this show and is delighted to celebrate most valuable professionals who work diligently to secure safe workplaces where employees can thrive.

 

Tagged With: behavioral health, Crisis Response, Jamie Gassmann, Oscar Villanueva, preventing workplace violence, R3 Continuum, RISKWORLD 2022, Security Services, Workplace MVP, workplace violence

LIVE from WORKBENCHcon 2022: Donovan, Once Upon a Workbench, and Wes, Geeksmithing

May 26, 2022 by John Ray

Geeksmithing
North Fulton Studio
LIVE from WORKBENCHcon 2022: Donovan, Once Upon a Workbench, and Wes, Geeksmithing
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Geeksmithing

LIVE from WORKBENCHcon 2022: Donovan, Once Upon a Workbench, and Wes, Geeksmithing (Organization Conversation, Episode 22)

Donovan of Once Upon a Workbench and Wes from Geeksmithing talked with host Richard Grove about the ARG scavenger hunt game they developed for WORKBENCHcon, their respective maker businesses, being geeks, and more. Donovan and Wes also co-host a podcast, Making Geeks Podcast, which can be found here and wherever you get your podcasts.

Organization Conversation is produced by the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

Donovan, Once Upon a Workbench

Donovan, Once Upon a Workbench

Donovan is a self-described geek, dad, and maker. He created and developed the scavenger hunt for WORKBENCHcon in 2019 and again in 2022.

Connect with Donovan:  Website |Instagram | YouTube

 

 

 

Wes, Geeksmithing

Wes, Geeksmithing

At Geeksmithing, you can find a wide range of geek/gaming-inspired project videos and even a few adventures visiting other makers from around the world! Any excuse to make something out of a new process or material is exciting to me and Wes and he brings you along on the journey.

Wes’s goal for Geeksmithing is that you become motivated and inspired to create things and begin a journey of your own!

Wes helped develop the ARC scavenger hunt along with Donovan.

Connect with Wes:  Website |Instagram | Youtube

About Organization Conversation

Organization Conversation features interviews with movers and shakers in storage and organization, from professional organizers to the creative and talented Brand Ambassadors who use Wall Control products every day. You’ll hear tips, tricks, and how-tos for storage and organization, as well as receive first access to Wall Control promotions. We talk with our suppliers and partners to give you a look behind the scenes at how we operate, what makes our family-owned and operated brand tick, and some of the fun and interesting insights that go into making our business run. We love our guests, as they are engaging and entertaining with interesting experiences to share. By focusing on those guests and the amazing stories they tell, we hope you will be enriched and find your time listening to the Organization Conversation podcast as time well spent.

Organization Conversation is hosted by Richard Grove, and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, and others.

About Richard Grove

Richard Grove, Host, Organization Conversation

Richard Grove‘s background is in engineering but what he enjoys most is brand building through relationships and creative marketing. Richard began his career with the Department of Defense as an engineer on the C-5 Galaxy Engineering Team based out of Warner Robins. While Richard found this experience both rewarding and fulfilling, he always knew deep down that he wanted to return to the small family business that originally triggered his interest in engineering.

Richard came to work for the family business, Dekalb Tool & Die, in 2008 as a Mechanical Engineer. At the time Wall Control was little more than a small ‘side hustle’ for Dekalb Tool & Die to try to produce some incremental income. There were no “Wall Control” employees, just a small warehouse with a single tool and die maker that would double as an “order fulfillment associate” on the occasion that the original WallControl.com website, which Richard’s grandmother built, pulled in an order.

In 2008, it became apparent that for the family business to survive they were going to have to produce their own branded product at scale to ensure jobs remained in-house and for the business to continue to move forward. Richard then turned his attention from tool and die to Wall Control to attempt this necessary pivot and his story with Wall Control began. Since that time, Richard has led Wall Control to significant growth while navigating two recessions.

Connect with Richard:

Instagram | Twitter | LinkedIn

About Wall Control

The Wall Control story began in 1968 in a small tool & die shop just outside Atlanta, Georgia. The first of three generations began their work in building a family-based US manufacturer with little more than hard work and the American Dream.

Over the past 50+ years, this family business has continued to grow and expand from what was once a small tool & die shop into an award-winning US manufacturer of products ranging from automobile components to satellite panels and now, the best wall-mounted tool storage system available today, Wall Control.

The Wall Control brand launched in 2003 and is a family-owned and operated business that not only produces a high-quality American Made product but sees the entire design, production, and distribution process happen under their own roof in Tucker, Georgia. Under that same roof, three generations of American Manufacturing are still hard at work creating the best tool storage products available today.

Connect with Wall Control:

Company website | Facebook | Instagram

Tagged With: ARG, gaming, geeks, Geeksmithing, makers, Making Geeks Podcast, Once Upon a Workbench, Organization Conversation, Richard Grove, Wall Control, WORKBENCHcon 2022

Katie Rocco, Keller Williams North Fulton

May 26, 2022 by John Ray

Katie Rocco
North Fulton Business Radio
Katie Rocco, Keller Williams North Fulton
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Katie Rocco

Katie Rocco, Keller Williams North Fulton (North Fulton Business Radio, Episode 460)

Katie Rocco, Realtor and Team Lead of The Rocco Team at Keller Williams, was host John Ray’s guest to talk about the current real estate market. Katie discussed the shortage of housing, the movement of buyers into the Atlanta market, what to look for in a realtor, the best questions to ask when you’re looking for an agent, giving back to her community, and much more.

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

The Rocco Team, Keller Williams North Fulton

Katie Rocco and The Rocco Team are a group of highly-skilled, compassionate advisors, committed to excellence in all they do.

They specialize in helping Homebuyers, Home Sellers & Investors build wealth through a customized real estate experience, from start to finish. Their business is built on our treasured relationships & because of their trustworthiness & integrity, clients & their referrals utilize The Rocco Team’s proficiency for the industry time & time again.

Their legacy is making home dreams come true & they strive to exceed expectations in all they do. They would LOVE to walk your home journey with you!

Company Website |LinkedIn | Facebook | Instagram

Katie Rocco, Realtor/ Team Lead at The Rocco Team, Keller Williams North Fulton

Katie Rocco, Realtor/ Team Lead at The Rocco Team, Keller Williams North Fulton

Katie has been a resident of Alpharetta Georgia for over 8 years. She has been married to her loving husband Andrew for over 22 years. They love to travel the world together experiencing great food and different cultures. Katie works in Real Estate where she leads a small team serving the Metro & North Atlanta communities.

She has been an active member in the Rotary Club of Alpharetta where she currently serves as the incoming president for the 2022-2023 year. Katie is an active member in her community where she also serves on the design and review board for the city of Alpharetta as well as on the Women’s advisory board for Wellstar Hospital of North Fulton.

She also volunteers with Frontline defense in the fight against human trafficking. They are on the front lines of rescuing women from trafficking. Katie has a passion for serving those in need, both in her local community and abroad.

LinkedIn

Questions and Topics in this Interview:

  • What is happening in the local real estate market?
  • Why should someone work with a Realtor right now?
  • Why work with a team versus an individual Realtor?
  • What is your favorite part of this business?
  • Is now a good time to invest in Real Estate?

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

 

Special thanks to A&S Culinary Concepts for their support of this edition of North Fulton Business Radio. A&S Culinary Concepts, based in Johns Creek, is an award-winning culinary studio, celebrated for corporate catering, corporate team building, Big Green Egg Boot Camps, and private group events. They also provide oven-ready, cooked from scratch meals to go they call “Let Us Cook for You.” To see their menus and events, go to their website or call 678-336-9196.

Tagged With: A&S Culinary Concepts, buying a home, Katie Rocco, Keller Williams, North Fulton Business Radio, realtor, renasant bank, residential real estate, The Rocco Team

Decision Vision Episode 170: Should I Integrate Cryptocurrency into My Business? – An Interview with Daren Hebold, LUX Companies

May 26, 2022 by John Ray

cryptocurrency
Decision Vision
Decision Vision Episode 170: Should I Integrate Cryptocurrency into My Business? - An Interview with Daren Hebold, LUX Companies
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

cryptocurrency

Decision Vision Episode 170: Should I Integrate Cryptocurrency into My Business? – An Interview with Daren Hebold, LUX Companies

Daren Hebold, CEO of LUX Companies, was Mike Blake’s guest on this episode of Decision Vision. He explained the basics of cryptocurrency and how it works, its history, apps for businesses to use cryptocurrency, use cases for crypto, the risks, and much more.

Decision Vision is presented by Brady Ware & Company and produced by the North Fulton studio of Business RadioX®.

LUXOLO Financial, a division of LUX Companies

LUXOLO is your best-in-class concierge cryptocurrency service, located on the beautiful coastline of Portland, Maine. Their team believes in “own your keys, own your coins”. At LUXOLO they advocate self-custody of your digital assets. They will guide you through the process of securely storing your private keys, granting you direct and sovereign control over your wealth.

Company website | LinkedIn

Daren Hebold, Founder and CEO, LUX Companies

Daren Hebold, Founder and CEO, LUX Companies

Mr. Hebold is the Founder and CEO of the LUX Companies, a regional commercial real estate asset management company as well as LUXOLO Financial, the innovative in-person cryptocurrency exchange and digital asset wealth management firm.

He has cultivated a broad reputation of trust within the industry and community given his command of confidentiality, fiduciary duty and financial skills in the handling of high value commercial real estate and digital assets. After getting financially thrashed by the Great Recession in 2008-09 and closely studying the US central bank and government responses, he began seriously questioning the composition, integrity and sustainability of our financial system which at its core includes a central bank that is privately owned, centralized and granted the outrageous right to unlimited emission of new currency at their sole discretion.

Needless to say, after critical analysis, research and discussions with friends, he stumbled upon bitcoin, blockchain and cryptocurrency. Seeing and participating in the extraordinary, freedom enabling benefits of this new parallel financial system together with its technological superiority, he founded LUXOLO Financial to broadly deliver cryptocurrencies and blockchain technology benefits to individuals and small businesses alike for everyday use in commerce.

LinkedIn

Mike Blake, Brady Ware & Company

Mike Blake, Host of the “Decision Vision” podcast series

Michael Blake is the host of the Decision Vision podcast series and a Director of Brady Ware & Company. Mike specializes in the valuation of intellectual property-driven firms, such as software firms, aerospace firms, and professional services firms, most frequently in the capacity as a transaction advisor, helping clients obtain great outcomes from complex transaction opportunities. He is also a specialist in the appraisal of intellectual properties as stand-alone assets, such as software, trade secrets, and patents.

Mike has been a full-time business appraiser for 13 years with public accounting firms, boutique business appraisal firms, and an owner of his own firm. Prior to that, he spent 8 years in venture capital and investment banking, including transactions in the U.S., Israel, Russia, Ukraine, and Belarus.

LinkedIn | Facebook | Twitter | Instagram

Brady Ware & Company

Brady Ware & Company is a regional full-service accounting and advisory firm which helps businesses and entrepreneurs make visions a reality. Brady Ware services clients nationally from its offices in Alpharetta, GA; Columbus and Dayton, OH; and Richmond, IN. The firm is growth-minded, committed to the regions in which they operate, and most importantly, they make significant investments in their people and service offerings to meet the changing financial needs of those they are privileged to serve. The firm is dedicated to providing results that make a difference for its clients.

Decision Vision Podcast Series

Decision Vision is a podcast covering topics and issues facing small business owners and connecting them with solutions from leading experts. This series is presented by Brady Ware & Company. If you are a decision-maker for a small business, we’d love to hear from you. Contact us at decisionvision@bradyware.com and make sure to listen to every Thursday to the Decision Vision podcast.

Past episodes of Decision Vision can be found at decisionvisionpodcast.com. Decision Vision is produced by John Ray and the North Fulton studio of Business RadioX®.

Connect with Brady Ware & Company:

Website | LinkedIn | Facebook | Twitter | Instagram

 

TRANSCRIPT

Intro: [00:00:02] Welcome to Decision Vision, a podcast series focusing on critical business decisions. Brought to you by Brady Ware & Company. Brady Ware is a regional, full-service accounting and advisory firm that helps businesses and entrepreneurs make visions a reality.

Mike Blake: [00:00:21] Welcome to Decision Vision, a podcast giving you, the listener, a clear vision to make great decisions. In each episode, we discuss the process of decision making on a different topic from the business owners or executives perspective. We aren’t necessarily telling you what to do, but we can put you in a position to make an informed decision on your own and understand when you might need help along the way.

Mike Blake: [00:00:43] My name is Mike Blake, and I’m your host for today’s program. I’m the Managing Partner of Brady Ware Arpeggio, a data-driven management consultancy which brings clarity to owners and managers of unique businesses facing unique strategic decisions. Our parent, Brady Ware & Company, is sponsoring this podcast. Brady Ware is a public accounting firm with offices in Dayton, Ohio; Alpharetta, Georgia; Columbus, Ohio; and Richmond, Indiana.

Mike Blake: [00:01:07] If you would like to engage with me on my social media with my Chart of the Day and other content, I’m on LinkedIn as myself and @unblakeable on Facebook, Twitter, Clubhouse, and Instagram. I also host a LinkedIn group called Unblakeable’s Group That Doesn’t Suck, so please join that as well if you would like to engage. Today’s topic is, should I integrate cryptocurrency into my business? And this is a topic I’ve wanted to do for a while.

Mike Blake: [00:01:35] Haven’t really been able to sync up with the right guest who, I just thought, would give us a great and in-depth perspective on it, and we can sort of make schedules sync up. And I feel almost apologetic about that, because this is a topic that’s long overdue, but that having been said, I think the timing is actually propitious. Cryptocurrency has always, of course, been a little bit of a roller coaster ride, and right now, as of late, cryptocurrencies, I think in a way that’s surprising to me anyway, have been retrenching quite a bit over the last several weeks, which frankly I find surprising, which probably reflects my own ignorance of the dynamics of cryptocurrency.

Mike Blake: [00:02:24] I would have bet a couple of months’ mortgage that cryptocurrencies would have become stronger after the Russian attack on Ukraine and suing financial sanctions that I think would have motivated a lot more activity to circumvent conventional and national banking systems. And maybe that is happening, but not enough to overcome other forces that are at play here. So, because of what’s going on in the crypto markets, I think this really, really as well timed a topic as any to talk about this, and I hope that you’ll agree.

Mike Blake: [00:03:00] I think it’s also important because I think everybody by now has heard the word or term, cryptocurrency, they have heard of Bitcoin, but it really is remarkable how few people actually know what it is. As it happens, I happen to do a lot of work in the cryptocurrency e-wallet exchange space, some work with crypto miners and valuing or appraising their businesses.

Mike Blake: [00:03:27] But many of my peers really still don’t have any idea how cryptocurrency works, what the value proposition is, et cetera. And I think that—I don’t think they’re an outlier. I think there are a lot of people that still need to be educated. And if you’re one of those people, I think you’re going to find this a very good use of your next 45 minutes or so.

Mike Blake: [00:03:49] And so, joining us today to help us out with this topic, who is an expert, because I’m not, is Daren Hebold, who is Founder and CEO of the LUX companies, which offer specialized asset management services for commercial real estate, together with financial asset management of cryptocurrency. He has cultivated a broad reputation of trust within the industry and community given his command of confidentiality, fiduciary duty and financial skills, and the handling of high value commercial real estate and digital assets.

Mike Blake: [00:04:20] After getting financially thrashed, his words, by the Great Recession of 2008 and ’09, and closely studying the US Central Bank and government responses, he began seriously questioning the composition, integrity, and sustainability of our financial system, which, at its core, includes a Central Bank that is privately owned, centralized and granted the right to unlimited admission of new currency at their sole discretion.

Mike Blake: [00:04:43] After critical analysis, research, and discussions with friends, he stumbled upon Bitcoin, blockchain, and cryptocurrency, seeing and participating in the extraordinary freedom-enabling benefits of this new parallel financial system together with its technological superiority. He founded LUXOLO Financial to broadly deliver cryptocurrencies and blockchain technology benefits to individuals and small businesses alike for everyday use in commerce. Daren, welcome to the Decision Vision podcast.

Daren Hebold: [00:05:12] Thank you, Mike, and great intro. I appreciate that.

Mike Blake: [00:05:16] So, as I said in my opening, a lot of people listening to this, I think, at this point ,don’t want to admit it, so what we’re going to do is we’re not going to crypto shame people and we’re going to let people address their lack of knowledge in a safe space, the privacy of their own headphones, their own car, whatever it is they’re listening to. What is cryptocurrency, and how does cryptocurrency come about?

Daren Hebold: [00:05:45] Great. Yeah, and we’ll keep it real simple to begin with, and then we’ll branch out. So, a Bitcoin, what is a Bitcoin? It’s electronic money. It is a peer-to-peer payment system. It’s a store of value. It’s a new financial system. It’s many things and it ticks many boxes. And this is something that we saw come out of the ashes of the last financial collapse after ’08. I think it was January 2009, the group, Satoshi Nakamoto, officially released Bitcoin and it’s just been branching out since then. I just wonder where we start, maybe, Mike, to keep it simple. I think-

Mike Blake: [00:06:45] Well, I think what people—I mean, the question I’m asked a lot, and I probably give a barely adequate answer, is how is cryptocurrency created? Right? We know about crypto miners. Most people have never seen a crypto mining rig. They don’t understand why people are buying PC gamer hardware to create this virtual or cyber currency. So, maybe talk a little about that. How does cryptocurrency get created, and why does that translate into a fungible value?

Daren Hebold: [00:07:15] Yes. Yeah. And yes, how is that valuable, and why do people recognize that great place? Okay. So, not all cryptocurrencies are created equal. So, Bitcoin was the very first one. And since then, I think, literally, there are over 17,000 cryptos out there.

Mike Blake: [00:07:34] Wow. I didn’t know that.

Daren Hebold: [00:07:34] Yeah, it’s just insane. And frankly, it’s a little bit of a junkyard out there. And I think we, in the industry, would probably agree that you could probably count literally on maybe one hand how many of those 17,000 cryptos could be reasonably considered money. The balance of them have other uses and utilities for smart contracts, and for programming, and for other functions, but probably aren’t considered money.

Daren Hebold: [00:08:06] Bitcoin is clearly the winner as far as recognition and global adoption, where people say, Yeah, that’s money and I’m going to use it as such and treat it as such. So, it’s unique because it requires a great expenditure of electricity to print or mint or mine, I guess we would call it, a Bitcoin. So, if you or I wanted to do it, we could do it tomorrow. You pop online, and for several thousand dollars, there’s an entry-level mining machine, and you don’t need any real skills, it’s a plug-and-play device.

Daren Hebold: [00:08:45] You plug it into your electricity and it juices it. Your bill goes through the roof and you start printing or mining Bitcoin rewards right away. So, anybody can do it. It just costs a lot of money. And we can talk about it later. We’ll unpack it. But the cost to mine one Bitcoin sort of sets the floor for the price, because it’s many thousands of dollars to mine one Bitcoin. Whereas, some of these other cryptocurrencies involve what’s called pre-mining or really just pressing a button and 10 billion units of some certain token appear.

Daren Hebold: [00:09:30] And so, there’s not a lot of intrinsic value in those projects, and the market determines that. No one person points and decrees which cryptos have value. The market decides, which I love. I love Mr. Market. And the market says [making sounds] that coin was pre-mined and it’s proof of stake, and I could create another one of those tomorrow morning, and that doesn’t have much value to me. That’s why that’s trading for a penny. Whereas, a Bitcoin is trading for $30,000 these days.

Mike Blake: [00:10:05] And what is the guts of how mining happens? Is it solving equations? Is it random number generator? Is it something else? I mean, how does that—and I understand we’re limited to Bitcoin, but I think Ethereum kind of works the same way. You can still mine Ethereum, and maybe Dogecoin, and others. How does that work that it proves that there’s an algorithm that effectively proves that you have produced somehow a piece of cryptocurrency?

Daren Hebold: [00:10:39] Sure, sure. I’ll keep it simple. So, Bitcoin was the first birth of a blockchain. And a blockchain simply means that there is a public ledger that everybody can pop online and view, and it just shows that I gave today here on May 18th, I gave Mike one Bitcoin from this wallet to that wallet, and that gets codified into a ledger. And what the mining does is it proves that. The mining network of all the global miners performs calculations and proves cryptographically that, yeah, Daren’s wallet gave Mike’s wallet one bitcoin on said date and time. It’s indisputable, it’s immutable, meaning nobody can go back in time and change it. It’s auditable. And everybody agrees that it happened.

Daren Hebold: [00:11:38] So, it’s a very crucial—it sounds trivial just to prove that I gave you money, but how else does a financial system work without a ledger that everybody can agree on? And mining is the way to secure that. And so, the people that have these rigs and spend not just thousands, but I mean, there are industrial scale mining facilities where people have invested $300 million, as you probably know, and they get paid to run those machines in the form of Bitcoin rewards. So, they run these machines. And then periodically over time, every 10 minutes, actually, the Bitcoin network kicks out some Bitcoin rewards to the miner who successfully hashed that particular transaction. And there’s an even distribution. So everybody gets their fair share of the Bitcoin rewards, everybody who is mining.

Mike Blake: [00:12:34] Okay. Now, I have to admit, and I’m supposed to know this, but I didn’t. 17,000 different cryptocurrencies, right? And most people do well if they can name one or more than one. How do they differ? We think of currencies, of course, national currency, the euro, the dollar, the yen, et cetera, but how do 17,000 different cryptocurrencies differentiate and how do you decide which one or ones is a business you want to trade in or deal in?

Daren Hebold: [00:13:05] Yeah, it’s a great question. Okay. I would say just broadly, I would call them coins and tokens, is kind of what the industry has settled upon. Coins generally refer to if something can be identified as money. And again, I think there’s probably five, maybe 10 tops that people would agree are coins/money. All the other ones are considered tokens and they each have their own separate blockchain.

Daren Hebold: [00:13:36] Again, they’re usually all free to use. Nobody owns them. Anybody can use them for the most part, and they just have different utilities, Mike. So, for example, Ethereum is a smart contract platform. It kind of straddles the fence. It’s the one unique one where Ethereum is kind of considered money right now and it’s trading for $2,000 per coin. But then, simultaneously, it’s a smart contract platform where you can program your Ethereum or your other tokens to do things that you want them to do.

Daren Hebold: [00:14:11] So, you can mirror legal contracts with a smart contract on a blockchain. So, that’s a huge, huge use case out there for crypto, is programmable money. And so, imagine every legal contract where a tenant has to pay a landlord, a supplier gets paid by a corporation, an employee gets paid by an employer, all these can get codified into a smart contract, and really, greatly simplify accounting, bookkeeping, auditing, payroll. Any number of industries are going to be certainly disintermediated by this.

Mike Blake: [00:14:57] So. We talked a little bit about this in your intro, but I’d really like to get your in-depth take on this, because I think it’s really important. And that is, why has cryptocurrency a currency that was invented, now, less than 15 years ago? Why has cryptocurrency found the market and the traction that it has? We’ve never seen anything like this in our lifetimes, have we?

Daren Hebold: [00:15:22] It’s a great point. Yeah. We have not seen new money, God, in centuries, right? I mean, way back there were several forms of money, coffee beans, large stones, wampum, parcels of real estate. You could probably name more. But no, we have not seen new money in a while. We’ve just been kind of going along with gold and silver up until it was made illegal by governments of the world, who, that did not fit their narrative, and they wanted to introduce central bank fiat debt currencies, and they have successfully run with that for quite some time now.

Daren Hebold: [00:16:09] But look what’s happening. Maybe they didn’t do such a great job. We had a great run with fiat currencies, but if you pop on the imf.org right now, it’s nothing short of a death procession of every single fiat currency out there that are experiencing hyperinflation as we speak. So, Central Banks invented these currencies, and then they got themselves into a pickle when they started printing more, and more, and more, almost without discretion. And in the last two years alone, the US dollar has printed—40% of the dollars in circulation were printed, meaning the Central Bank in the US pressed the button, and dollars, electronic dollars came out, and that comes with consequences.

Daren Hebold: [00:17:00] So, even our beloved dollar is now eight-and-a-half-plus percent inflation. And so, circling back to your question, the reason that we need to consider new forms of money is people are getting eaten alive with the fiat currencies that are tanking in value. Turkey, 54% inflation. If you have $1,000 in your bank account, by Christmas, it’ll be half of that. I mean, that’s catastrophic. I mean, can you imagine that? So, we, citizens in different countries in the world, that have been forced to use fiat currencies are being forced to come up with alternatives, and I think Bitcoin ticks a lot of boxes there.

Mike Blake: [00:17:47] Earlier in my life, I actually did live in a hyperinflationary environment. I lived in Belarus and Ukraine shortly after the fall of the Berlin Wall, and they were struggling to launch their own currencies as their currency just died, right? The Soviet ruble was just gone overnight. And the last time that I was over there for any length of time, the exchange rate was 200,000 Belarusian rubles to the dollar. And about 80,000—the currency that was existing, where it’s used to be called the karbovanets, 80,000 of them to the dollar.

Mike Blake: [00:18:21] And I remember paying for lunch with bags of money and the server would have to come over with one of those banknote counters to make sure that I paid the correct amount. And it was just so chaotic, because the prices couldn’t even keep up. You see a Snickers bar that would be for sale in the morning for 3,000 rubles, you come down at the end of the day, be 7,000. It was crazy, and I wonder if cryptocurrency could have helped those economies achieve some stability back then.

Daren Hebold: [00:18:56] Interesting. Well, I’ll tell you, another thing that’s important is just governance. So, I think part of the reason Bitcoin has floated to the top is just that. There’s only ever going to be 21 million Bitcoins. That is huge. So, we’re controlling. We, collectively, all the miners, have signaled that we want a cap on Bitcoin, and that tends to preserve its value, whereas governments have unlimited emission. So, we’ve got to have governance in place to govern emission, use, just kind of equity and the fact that it cannot be censored, or revised, or reversed.

Daren Hebold: [00:19:42] All these are important things. And and if we can keep those favorable attributes in place, which they are, for Bitcoin specifically, then absolutely. It’s a great use case. You touched on Belarus and Russia. Let me just read you something here. Granted, this statement’s a couple of weeks old, but with the advent of Russia being internationally sanctioned, where people cannot bank with any Russian. Not just the prime minister of Russia or the 2,000 oligarchs who have been tagged as being criminals, but everybody in Russia is being equally penalized. Here’s a statement here from CryptoSlate magazine.

Daren Hebold: [00:20:25] “Russian citizens are justifiably fearing the seizure of their retail deposits and naturally want to protect their capital. Purchasing digital assets is an effective means by which ordinary citizens can move savings out of the financial system in order to preserve capital.” What a powerful statement. I mean, that is quite a use case if I’ve ever heard one. Another one was the Canadian truckers who did not break any law, were never convicted of a crime, but their banks froze their accounts, just politically. They just didn’t appreciate truckers driving around talking about freedom. That’s a threat.

Daren Hebold: [00:21:09] So, they froze bank accounts left and right, and citizens were left without legal recourse other than accepting donations via cryptocurrency, so another use case. I guess more and more, we’re seeing that it’s become cool for governments to become tyrannical and sort of take matters into their own hands, including their Central Bank money policies. And it’s really not funny to the average person who has worked their whole life to establish some savings and is starting to see it just melt away via inflation and such.

Mike Blake: [00:21:47] So, a key feature of cryptocurrency, I think, and correct me if I’m wrong, please, is that there is no king or queen of Bitcoin. There is no Bitcoin chairperson, There is no czar. It’s just out there, right? And it’s self-regulating, self-trading, and that’s it.

Daren Hebold: [00:22:08] That’s it. No one owns it. Everyone can use it. Exactly. And it is literally free. You can be a dirt farmer in a foreign country, and you can download a wallet, and begin using it immediately. And no one can stop you, or ask you what you’re doing or why, and that’s just fantastic. There’s no intermediaries, too, or it’s direct peer-to-peer payments.

Mike Blake: [00:22:37] Are you familiar with FATCA, the relatively new regulation about disclosing international payments? It’s an acronym for something. I forget what it’s called, but you probably would know it.

Daren Hebold: [00:22:48] Yeah.

Mike Blake: [00:22:50] Is that driving cryptocurrency, too? Because, man, what a pain. What a pain that regulation is not. Not that it costs that much, but the burden of complying with that paperwork, I’ve ridden shotgun with people that are doing it when they’re buying or selling businesses, transferring assets. It is a monster.

Daren Hebold: [00:23:10] The notion of borders literally becomes foolish when you start working in cryptocurrency. You say, why? Why do I have to stop, get frisked, hassled, taxed, chipped, and tracked, just because I want to give Mike some money, because he’s over that border over there, be it a federal state or international border? It’s silly. And there are very few instances when I think it’s a legitimate hassle, to be honest with you. So, there are people that are going to violate laws, and no matter what type of money is in use at the contemporary time, yeah, certain number of people are going to violate laws. But just the fact that I’m sending money over a border, I’m not sure how that entitles all manner of authorities to hassle me, and possibly censor and resist my transaction.

Mike Blake: [00:24:12] Yeah. And for those of you scoring at home, FATCA, F-A-T-C-A, stands for Foreign Account Tax Compliance Act. Sorry, I didn’t have that prepared. That was an off-the-cuff question I thought of. But take a look at it. It is burdensome. Whether you agree with it or not, I don’t think anybody disagrees that it’s burdensome. So, Daren, this is a business podcast, what is the killer app for a business person to start using or expand the use of cryptocurrency in their business?

Daren Hebold: [00:24:49] Great. Awesome question. Let’s get right to it. So, okay, so here we are, we’re 12 years into Bitcoin. There are two killer apps right now for business, and I’m using them both. First one is hold bitcoin specifically on your balance sheet of your business. Okay. That serves several purposes. First of all, it’s balanced on your balance sheet. It’s owner’s equity that you can carry short, medium, or long term as just additional equity within your company that tends to grow over time.

Daren Hebold: [00:25:30] I mean, if you look at the long haul, it generally is going to appreciate over time passively, without doing anything. The second thing you can do with that Bitcoin on your balance sheet is it’s lending collateral. So, we and your listeners out there can become your own bank. So, you can post—for every bitcoin you post—well, let me back up. Okay. So, you’re holding a tranche of Bitcoins on your corporate balance sheet.

Daren Hebold: [00:26:03] Those are Bitcoins. You say, okay, great, but I need USD to operate my business, I need some working capital, I need a revolving line of credit. You usually go to the bank to get that. Now, crypto banks have emerged, where they say, Hey, Mike, post your bitcoins with us as collateral and we’ll give you up to a 50% loan in US dollars that you can use for whatever purpose you want, you don’t need underwriting, it’s just simply a balance sheet loan, and we can offer you a very competitive interest rate of about 4.95%.

Daren Hebold: [00:26:41] How’s that sound to you? Well, it sounds fantastic to me, and I use it all the time. So, we’ve taken a portion of our corporate treasury and post it as collateral in some of these trusted crypto banks who have lent us US dollars that we can use for working capital. It’s a fantastic instrument. And what happens is as time goes on, the value of my collateral goes up, and we say to ourselves, I look at my partner, and we say, alright, you know what, let’s retire that loan and go get a new 50% loan based on an increased value of our Bitcoins that we own.

Daren Hebold: [00:27:19] So, that’s the first killer use for businesses, Mike. The second one, we haven’t mentioned this phrase yet, but one cryptocurrency that we believe in is USDC. USDC is issued by Circle Financial in Boston. It is a digital version of a dollar. It’s pegged 1 to 1 with the dollar with audited reserves. And what you can do with that digital dollar is go to the same crypto banks that I was describing and earn a meaningful interest rate. So, the savings account is back. I mean, when’s the last time we were getting 4, 5, 6, 7% interest rate in a bank account, perhaps the early ’90s.

Mike Blake: [00:28:09] Ages ago.

Daren Hebold: [00:28:10] Ages ago. And now, it’s gone. Now, it’s a fraction of 1%, and with inflation, you lose. So, now, you can take your US dollars, convert them to USDC which we believe is the forerunner of stable coins, and post them on deposit with these crypto banks, and earn something in that range that I just said, 4 to 7% is kind of the prevailing rate, and you say, wow, how can they afford to pay depositors that much? That’s fantastic.

Daren Hebold: [00:28:46] I mean, how can they do that? They’re a lender. So, they turn around and lend that money out with about a 2% spread. And then, you say, well, how does that interest rate compute? Because a minute ago, you said you’re a borrower at about 5%, and then on the other hand, you’re a lender at about 6 or 7%. Well, the way they work it is small LTVs, so internal to their banks.

Daren Hebold: [00:29:15] They’re only lending out a very small percentage of their assets that they’re holding as collateral. And additionally, when you post collateral, you’re no longer earning interest. So, they’re only paying interest on a very small percentage of the assets they’re holding in custody. That’s how the math works out for them. But those are the two killer apps that I can bring to you guys today. There are going to be many more, and we can unpack those if you’d like.

Mike Blake: [00:29:49] One I’ve thought about, you tell me if I’m wrong, but I wonder if international payment settlement would also be a killer app, because moving money in between countries is still, amazingly enough, a 7 to 10-day exercise, and that’s just too long.

Daren Hebold: [00:30:08] Agreed. And I’m almost out of school in saying this, but I think this probably addresses your question. I believe BRICS, the BRICS consortium of Brazil, Russia, India, China, I believe when they conduct their international trade, they’re settling in gold, I believe, right? I don’t know if it’s physical or if it’s promissory notes of gold, but yeah, think about that. If they could settle in Bitcoin, you can send $20 billion and it cost you a mining fee of just over a dollar right now. So, it’s just a fantastic medium of exchange in that regard. And again, yes, borderless, to your point, and you don’t have to gain permission.

Daren Hebold: [00:31:02] It’s entirely up to the sender and the recipient to conduct their business as they will. So, I think that’s a great use case. You’re also going to see Bitcoin—perhaps, before you see it as an international settlement device, you’re going to see it—right now, it’s an individual settlement. You gave me a car, I gave you a Bitcoin. Then, you’re going to see it as an intercorporate settlement. I owe you $5 million, I’m going to settle in Bitcoin. Then, you’re going to see it governmental, and then international. So, it’s scaling up. It’s no longer a tool for geeks to trade on the web with and nobody else cares about it.

Mike Blake: [00:31:49] Now, I know you have a background in real estate as well, so I’m curious about your view on this question, is that, I wonder if cryptocurrency, in general, and Bitcoin, in particular, has a role to play for real estate, especially given the velocity of transactions, right? And my own personal story, we’re considering property in Portugal for retirement, but properties are going as fast, they’re just as fast as they are here, right? Telling somebody, hey, I want to buy the house, but you’ve got to wait 7 to 10 days before the money shows up, you’re going to lose real estate opportunities if you have to wait that long for the money to show up.

Daren Hebold: [00:32:27] Yeah, you got it. So, boy, there’s a lot of boxes that crypto ticks as far as real estate transactions. So, where do we start? Let’s see. I guess I would start by saying, yeah, it’s very fluid and liquid. If you find a property you like, you can escrow your deposit with a title company in 30 seconds. It’s done. Boom. And in the future I think you’re going to see, associated with that deposit, Mike, you’re going to see a smart contract replace title agencies.

Daren Hebold: [00:33:08] Like here’s a transaction, you log into a web-based console, and there are 14 steps required. And step one is sign a purchase agreement. Step two is here’s the Bitcoin address for your deposit. Step three is attorneys conduct title work and upload their results, et cetera, et cetera. So, there will be essentially an algorithmic title closing agency of the future. I’d love to do it. It’s another startup I don’t have time for right now. Maybe somebody else can do that.

Mike Blake: [00:33:40] Yeah, that’s plenty of room. So, we’ve talked about all the positives about cryptocurrency. What are the pitfalls or the risks? What is somebody somebody thinking about deepening their relationship with crypto in their business? What do they need to be aware of? What are the potential gotchas if you’re not careful?

Daren Hebold: [00:34:00] Sure, sure. Yeah. Okay. First of all, I would start with just like selection of coin. There’s just all too few cryptocurrencies that will be around five or 10 years from now. So, at our exchange, when we’re advising desk clients, we say, listen, just stick with this short list of five potential coins to put into your portfolio. So, number 1 would be selection and longevity. Number 2, everybody’s very focused on the price, and right now, it’s kind of a buzz saw.

Daren Hebold: [00:34:42] The prices of all cryptos, and frankly, even Wall Street and commodity assets are just all over the map, and there’s been a big drawdown in the last six months. It’s like a 35% drawdown across like all commodities, and securities, and cryptos in the last six months. And there’s a lot of forces at play and not everybody wants to see Bitcoin succeed. There’s just a lot of vested interests who would much rather that it be uninvented and go back where it came from, because they like earning 3% transaction fees.

Daren Hebold: [00:35:15] They like having unlimited Central Bank fiat emissions. They like having total control over everybody’s movements. And there are instruments to bring cryptos down, like derivatives and shorting. And so, there’s that. And then, thirdly, I would say storage. So, the beauty of cryptocurrency, one piece we haven’t touched on, is just custody. You no longer have to place your money in custody with someone else. You can engage in 100% self-custody, meaning you hold your wallet, or you can do what we have chosen after four years of careful planning, which is collaborative custody, which is Mike holds a key, and our firm, LUXOLO Financial holds the other key, and then we send you home with a backup key.

Daren Hebold: [00:36:07] So, you hold two of three keys to your crypto wallet and we hold one. And unless there’s unanimous consent across the key holders, no money can leave the wallet. So, it’s a fantastic method of enjoying the beauty of self-custody, but also having someone holding your hand, so you don’t lose your shirt when you forget your passcode or your private key. So, not having a custodian is a very, very large advantage, particularly, today, when we’re seeing banks and governments, again, go tyrannical and just decide that we’re going to seize your assets.

Daren Hebold: [00:36:47] If I’ve got time, I’ll read you one other thing. There’s a very large online exchange that I’m sure we’ve all heard of, and they just released in their latest 10-Q SEC filing the following statement. “Because custodially held crypto assets may be considered to be the property of a bankruptcy estate, in the event of bankruptcy, the crypto assets we hold in custody on behalf of you, our customer, could be subject to bankruptcy proceedings, and such customers could be treated as general unsecured creditors.” Wow. Think about that.

Daren Hebold: [00:37:26] That is called a bail-in, if you guys aren’t familiar with it. That’s when a bank or company becomes insolvent due to a run on withdrawals, and they say, well, we got to take 40% of your Bitcoins and you can probably have the rest. So, unbelievable, that that’s a statement made by a publicly traded cryptocurrency exchange. We might take your Bitcoins if we run into trouble. So, that’s why you don’t want custody. That is exactly why. So, consider holding your crypto in your own wallets or in a collaborative custody environment. You can set up your attorney, or your accountant, or your trustee with a key. There are many ways to mirror legal frameworks with the signatories on a wallet.

Mike Blake: [00:38:15] That custody question brings an idea that’s half-baked and maybe it’s totally stupid, so you can feel free to tell me that, it’s just the internet, and that is this, that for good or ill, I do a lot of work with partnerships that are not working out, and one partner’s going to buy the other out, and they just couldn’t agree on stuff. And one of the issues that comes up often is simple governance, right? Who has the right to sign that check? Who has the right to make a distribution? Who has the right to take out that loan or repay a loan? That sort of thing.

Mike Blake: [00:38:57] And historically, companies, just for expediency, have had to give one shareholder kind of the keys to the kingdom, and hope that obey the rules and do the right thing, because trying to put two or three signatures in the same check, and get everybody in the same room, and the technology is not there to do that in a very real way. But it occurs to me, of cryptocurrency, where, literally, all you have to do is everybody just kind of put their thumbprints on the phone to authorize a transaction or not authorize a transaction, could actually be a fantastic governance tool.

Daren Hebold: [00:39:34] Absolutely. You nailed it. So, you’re able to take what was an informal governance plan, like the two dudes have to both sign all checks over five grand, well, that’s not enforceable and it’s impossible to-

Mike Blake: [00:39:49] Hard to implement in practice, for sure.

Daren Hebold: [00:39:50] Yeah. Whereas, with cryptocurrency, you can strictly enforce all this with software. And that’s how I run my company. My partner and I require unanimous consent for all withdrawals, both fiat and crypto, and it’s just a fantastic advent. And yeah, and it applies not just to businesses, Mike, but I mean, I’m just thinking of, yeah, real estate transactions, with these lawyers, title agents, trustees, various adverse parties, just things where you need an absolutely objective and bulletproof governance, you can implement that without trouble. It’s built right in to the Bitcoin blockchain functionality. You don’t need to be a software programmer. That functionality is built in.

Mike Blake: [00:40:40] Can you think of a kind of business that shouldn’t be fooling with cryptocurrency? Is there somebody that, yeah, this isn’t for you?

Daren Hebold: [00:40:48] Yeah, it’s interesting. I mean, both individually and corporately, you probably have to have some risk tolerance. You probably have to have a longer view on your treasury assets. And you probably—yeah, I’d say those are the two major factors. And so, for a very, very conservative person or company, it might not tick the boxes. It might not work. I’d say that, and as I’m saying that, though, like mass mutual insurance, one of the most conservative companies I can think of, bought $100 million of Bitcoin to put on their balance sheet.

Daren Hebold: [00:41:31] And that news came out maybe a year-and-a-half ago, and you can see the transaction on bitcointreasuries.org. And so, I said, why would a hyper conservative insurance company do something like that? And it turns out they did it to buttress some of their negative yielding bonds, actually, so they saw it as a partial solution to bolster their profitability over time.

Mike Blake: [00:41:59] So, I’m going to ask you to put on your fortune teller costume for a minute, because I think the future of cryptocurrency is really interesting, and I would argue it’s sort of an inflection point. And one of the things I’d like you to opine on is, do you see cryptocurrency ultimately replacing conventional national currencies, or do they find a way to co-exist?

Daren Hebold: [00:42:26] Wow. That’s a fantastic question. Look no further than Central America, which is becoming the cradle of governments adopting Bitcoin as national legal tender, and look at the reasons for that. They are forced to either use the dollar, which is experiencing significant inflation, but they’re not experiencing any of the benefits of like the Joe Biden airdrop monies, the cheap debt, the COVID rent relief checks, the PPP, they don’t get any of those benefits, but they have to suffer the indignity of the high inflation of the dollar, and they say, no more.

Daren Hebold: [00:43:12] We’re adopting Bitcoin in El Salvador, and Panama, in Mexico. This is the roster of countries moving forward for that reason, and that train didn’t stop at any time soon. And I think absolutely, you’re going to see them coexist, much to the chagrin of the IMF, who comes out with heavy-handed penalizing statements each time a country decides to do this. And so, that tells you it’s good. It tells you that the country did the right thing by increasing their options for their citizens, which, that makes the IMF mad when citizens have options.

Mike Blake: [00:43:52] Well, Reggie Jackson is famous for saying, they don’t boo nobodies.

Daren Hebold: [00:43:57] Yeah, you got it. Yeah. So, crystal ball, yeah, you’re going to see it being a permissible legal tender in increasingly more countries. In so doing that, it’s no longer subject to capital gains tax in whatever country does that. You’re going to see retailers accepting cryptos. You’re going to see hybrid neobanks and financial service firms, such as mine, appearing. Legacy banks are just, in no way, going to adapt and build infrastructure for this.

Daren Hebold: [00:44:37] It’s just not happening and I don’t think it is going to happen. They will make desperate attempts to pay consultants to bolt things on, but I think you’re going to see a whole new industry of neobanks, cryptobanks, and crypto financial service providers, such as us, providing all financial services in the future, including allowing you to become your own bank, your own lender. You’ll be able to deposit your paycheck, invest in cryptos, take out a loan against those cryptos, convert back, all seamlessly within one app.

Mike Blake: [00:45:15] Some countries have said that they’re exploring launching digital currencies. The US has talked about it. I think Sweden, to my recollection, is probably the most advanced in their thinking on this. I think they’re beta-testing an e-krona at this point. I don’t know if you’re familiar with them, but if you are, are those in the cryptocurrency family, or are they kind of something different?

Daren Hebold: [00:45:44] Stay away from Central Bank digital currencies, yeah. They’re a tool of control and manipulation. They’re most popular among communist governments, namely People’s Republic of China has started the digital one program. And I can get into all of the very unfortunate attributes that the users of that currency suffer, but I will say this, it’s not a cryptocurrency. It’s a centralized database, and it is not a public ledger. It is not a consensus-based protocol, where people can democratically vote and get involved. Absolutely not. It’s an enhanced layer of control for central banks to administer their debt-based fiat currencies. So, that’s my stern warning against these, yeah.

Mike Blake: [00:46:47] Okay. I’m talking with Daren Hebold, and the topic is, should I integrate cryptocurrency into my business? Keeping you in your fortuneteller’s costume, what is it—and you may or may not agree with the premise, I don’t think cryptocurrency is quite mainstream yet. I think it’s close, but I’m not sure I would characterize it as mainstream yet, simply because I can’t go to Kroger yet and pay for groceries with cryptocurrency. So, that would be kind of cool. So, what do you think it’s going to take? Is it just gradual adoption? Is there a day of reckoning or an inflection point? What is it going to take when we’re going to recognize cryptocurrency as a mainstream medium of exchange and storage of wealth?

Daren Hebold: [00:47:34] Yeah, you got it. We’re not far. Money requires adoption, use, portability over time and space, durability, yeah, store of value, medium of exchange. And we are moving up that adoption curve rapidly as almost a one—I think it’s just over a $1 trillion market cap of all cryptos, the vast majority of that value being Bitcoin, specifically. More to the heart of your question, we, in the industry, believe that there could be a seminal moment coming, where as traditional assets classes continue to burn down in value, we strongly believe there’s a likelihood Bitcoin can serve as an ultimate hedge.

Daren Hebold: [00:48:30] Now, that’s yet to be proven, because everybody’s saying that’s correlated with the stock market, et cetera, but we see a seminal moment when there is the next Lehman Brothers moment of this era. We think Bitcoin is going to play a crucial role in preserving, enhancing value during said crisis, and that might not be that far away. We’ve got a lot of people out there talking about Lehman Brother-type analogies with modern day companies these days.

Mike Blake: [00:49:02] So, if someone listening to this podcast is on board, they believe the thesis that like, yeah, cryptocurrency got to start doing it, how does someone get started? How do you dip your toe? How do you open the door?

Daren Hebold: [00:49:16] You got it. Alright. Good question. So, we recommend starting small. So, anybody considering investing in Bitcoin, I would start with that coin. It’s probably the most reliable over time. Buy small amounts weekly, monthly, over time, recurring basis, you’ll be able to dollar cost average in that way. You can come to an exchange either online, but you’ll have to help yourself and figure it all out yourself in that regard, or you can come to an in-person, over-the-counter concierge exchange like my firm, for example.

Daren Hebold: [00:49:50] I’m one of just a handful in the country that does this, where you can walk or phone in LUXOLO Financial here in Portland, Maine, right on Marginal Way, or phone in, and we will walk you through the process of setting up a wallet, and funding your exchange transaction, either on a one-time or a recurring basis. And one of the wealthiest persons I know, you’re going to like this, in 2016, he started buying $21 a day of Bitcoin, and he hasn’t let up, and he’s a millionaire right now.

Daren Hebold: [00:50:28] So, I think that’s a pretty reasonable investment, and there are people who can afford to sink a lot more than that into it. So, give it a try. I think you’ll be thrilled with how it functions and how it can be used as collateral for lending, and money, for purchases. And there’s quite a lot of good people working in the industry. It’s a lot of fun.

Mike Blake: [00:50:54] Daren, it’s been a great conversation, but unfortunately, we’re running out of time. There are probably topics that our listeners would have wanted me to cover, but we didn’t or wish we would have spent more time on. If somebody wants to contact you for more information about how to integrate cryptocurrency into their business, can they contact you to follow up with questions, and if so, what’s the best way to do that?

Daren Hebold: [00:51:15] Thank you. Yes. Whether it’s me or one of my skillful team members, yeah, please do reach out to us with no obligation here at LUXOLO Financial. The website’s luxolo, L-U-X-O-L-O, .io, and you can either telephone us, email us, or chat with us on a little chat on our screen website there, and we’ll be happy to lay out some options, and see if it’s a match for you.

Mike Blake: [00:51:47] And that’s going to wrap it up for today’s program. I’d like to thank Daren Hebold so much for sharing his expertise with us. We’ll be exploring a new topic each week, so please tune in, so that when you’re faced with your next business decision, you have clear vision when making it.

Mike Blake: [00:52:00] If you enjoy these podcasts, please consider leaving a review with your favorite podcast aggregator. It helps people find us so that we can help them. If you would like to engage with me on social media with my Chart of the Day and other content, I’m on LinkedIn as myself and @unblakeable on Facebook, Twitter, Clubhouse, and Instagram. Also, check out my LinkedIn group called Unblakeable’s Group That Doesn’t Suck. Once again, this is Mike Blake, our sponsor is Brady Ware & Company, and this has been the Decision Vision podcast.

 

Tagged With: Bitcoin, Brady Ware & Company, Crypto, cryptocurrency, Daren Hebold, Decision Vision, Lux Companies, LUXOLO Financial, Mike Blake, mining bitcoin

Monique Mills, TPM Focus

May 25, 2022 by John Ray

TPM Focus
North Fulton Business Radio
Monique Mills, TPM Focus
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

TPM Focus

Monique Mills, TPM Focus (North Fulton Business Radio, Episode 459)

With deep curiosity and a breadth of experience, Monique Mills, CEO of TPM Focus, is uniquely qualified as a tech startup consultant. She and host John Ray talked about the knowledge and wisdom she offers, and how her firm helps companies with revenue-focused strategies and honest, transparent business advice. Monique also shared how she got into consulting, the pitfalls she sees entrepreneurs get into, those who go back to corporate, dealing with investors, how to work with software developers, and much more.

Monique’s podcast is Unpolished MBA and can be found here.

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

TPM Focus

TPM Focus is an innovation strategy consulting firm providing revenue-focused strategies and tactics that align sales, marketing, technology, and customer success with financial goals for startups and SMBs launching new, innovative products.

Focused Innovation Group, is a family-owned company created to acquire small businesses that are ripe for innovation and digital transformation to increase their efficiencies and profitability.

Company Website |LinkedIn | Facebook

Monique Mills, MBA, PMP®, CEO, Chief Innovation Strategist, TPM Focus

Monique Mills, MBA, PMP®, CEO, Chief Innovation Strategist, TPM Focus

Monique Mills is a degreed electrical engineer turned serial entrepreneur. Having experience in everything from building software companies to building power plants, she’s worked in multiple industries including water, semiconductor, aviation, construction, and real estate.

She’s founded 5 companies and focuses on business innovation through her consulting and acquisition companies.

Monique currently serves as the CEO of TPM Focus, an innovation strategy consulting firm, and as President of Focused Innovation Group (FIG), a family-owned acquisition company. Monique serves as a Mentor, Advisor, Consultant, and Strategic Partner to several entrepreneurial and innovation organizations such as Advanced Technology Development Center at Georgia Tech (ATDC), STEM to Market, Founder Institute, Minority Business Development Agency (MBDA), National Minority Diversity Supplier Development Council (NMSDC), Winston Starts, and Operation Hope.

She is also an Adjunct Professor of Entrepreneurship at Georgia State University. With an electrical engineering degree from Rochester Institute of Technology and an MBA from Georgia Institute of Technology, she is an advocate for the diversification of STEM careers, expanded leadership, and equitable entrepreneurial opportunities for women and underrepresented minorities.

LinkedIn

Questions and Topics in this Interview:

  • How starting a company is not necessarily the same as founding a startup.
  • What advice would you give to someone with a tech startup idea who does not have a tech background?
  • What advice would you give to those who are trying to create an entrepreneurial environment to drive innovation and growth in their city?
  • Why did you start Focused Innovation Group this year?
  • With all this talk about certifications over degrees, especially with the rising costs of tuition, were the degrees necessary for achieving success in my career?

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

 

Special thanks to A&S Culinary Concepts for their support of this edition of North Fulton Business Radio. A&S Culinary Concepts, based in Johns Creek, is an award-winning culinary studio, celebrated for corporate catering, corporate team building, Big Green Egg Boot Camps, and private group events. They also provide oven-ready, cooked from scratch meals to go they call “Let Us Cook for You.” To see their menus and events, go to their website or call 678-336-9196.

Tagged With: A&S Culinary Concepts, entrepreneur, Focused Innovation Group, Monique Mills, North Fulton Business Radio, renasant bank, start-ups, tech start-up, TPM Focus, Unpolished MBA

Jeff Hawkins, Carr, Riggs & Ingram

May 24, 2022 by John Ray

Jeff Hawkins
North Fulton Business Radio
Jeff Hawkins, Carr, Riggs & Ingram
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Jeff Hawkins

Jeff Hawkins, Carr, Riggs & Ingram (North Fulton Business Radio, Episode 458)

Jeff Hawkins, Transaction Advisory Partner with Carr, Riggs & Ingram, joined host John Ray to discuss the environment for selling middle market businesses and the mergers & acquisitions environment generally. . Jeff covered the pandemic’s effect on M&A activity in the last two years, including the wave of sales at year end 2021. He discussed the due diligence process a seller will encounter, a Quality of Earnings Report, the role of audited financials, and much more.

North Fulton Business Radio is broadcast from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

Carr, Riggs & Ingram

Carr, Riggs & Ingram (CRI) is a Top 25 nationally ranked accounting and advisory firm driven by relationships to cultivate growth.

From traditional accounting services to leading-edge business support, technology resources, and assurance offerings, CRI’s breadth and depth of expertise take you from compliance to competitive advantage.

Today, after 25 years of consistent growth since our formation, Carr, Riggs & Ingram is among the Top 25 firms nationally with no plans of slowing anytime soon. Despite this growth and the technological and automation disruption of the accounting industry, they still pride themselves on delivering actionable insights and solutions based on their founding principles of tailored client service, respect for all, and unyielding integrity.

Company Website |LinkedIn | Facebook

Jeff Hawkins, Transaction Advisory Partner, Carr, Riggs & Ingram

Jeff Hawkins, Transaction Advisory Partner, Carr, Riggs & Ingram

Jeff provides attest services for middle to lower-middle market, privately held companies. He also leads the Transaction Advisory Services team (TAS) in CRI’s Atlanta office for quality of earnings, target working capital, and other due diligence projects. He works closely with dealerships and provides consumer and business services.

Jeff’s clients enjoy working with him because of his experience working with businesses in varying industries and his willingness to stay involved in every engagement.

LinkedIn

Questions and Topics in this Interview:

  • The current state of the M&A world
  • Why was 2021 so busy
  • Impacts of labor constraints on professionals in M&A
  • Current trends in M&A

North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.

RenasantBank

 

Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management and financial services offices in Mississippi, Alabama, Tennessee, Georgia and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.

 

Special thanks to A&S Culinary Concepts for their support of this edition of North Fulton Business Radio. A&S Culinary Concepts, based in Johns Creek, is an award-winning culinary studio, celebrated for corporate catering, corporate team building, Big Green Egg Boot Camps, and private group events. They also provide oven-ready, cooked from scratch meals to go they call “Let Us Cook for You.” To see their menus and events, go to their website or call 678-336-9196.

Tagged With: Carr Riggs and Ingram, CPa, Jeff Hawkins, M&A, mergers & acquisitions, North Fulton Business Radio, quality of earnings, quality of earnings analysis, quality of earnings study, renasant bank, selling a business

The R3 Continuum Playbook SPECIAL: A Behavioral Threat Assessment of the Buffalo Mass Shooting

May 24, 2022 by John Ray

Buffalo mass shooting
Minneapolis St. Paul Studio
The R3 Continuum Playbook SPECIAL: A Behavioral Threat Assessment of the Buffalo Mass Shooting
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Buffalo

The R3 Continuum Playbook SPECIAL: A Behavioral Threat Assessment of the Buffalo Mass Shooting

On this special episode of the R3 Continuum Playbook, Dr. George Vergolias, Medical Director at R3 Continuum, looks at the Buffalo mass shooting from a behavioral threat assessment perspective. Dr. Vergolias joined host Shane McNally to review the personality of the assailant, the difference between affective and predatory violence, its similarities to other violent events, the potential impact on employees, how companies can support them, and much more.

The R3 Continuum Playbook is presented by R3 Continuum and is produced by the Minneapolis-St.Paul Studio of Business RadioX®. R3 Continuum is the underwriter of Workplace MVP, the show which celebrates heroes in the workplace.

TRANSCRIPT

Intro: [00:00:00] Broadcasting from the Business RadioX studios, here is your R3 Continuum Playbook. Brought to you by Workplace MVP sponsor, R3 Continuum, a global leader in workplace behavioral health crisis and security solutions.

Shane McNally: [00:00:15] Hi, everyone, and welcome to this special live episode of the R3 Continuum Playbook. My name is Shane McNally, Digital Marketing Lead with R3 Continuum. And on today’s episode, we’ll be talking with R3 Continuum Medical Director, Dr. George Vergolias, about the recent mass shooting that occurred in Buffalo, New York. We’ll also be discussing the impact and trauma that this event caused throughout the country, what employers can do to mitigate potential violence in the workplace, what employers can do to support their employees and community after a traumatic event like this takes place, and more.

Shane McNally: [00:00:46] Dr. Vergolias oversees and leads the R3 Continuum’s clinical risk, threat of violence, and workplace violence programs, and has directly assessed over 1,000 cases related to threat of violence, or self-harm, sexual assault, stalking, and communicated threats. He brings over 20 years of experience as a forensic psychologist and certified threat manager to help leaders, organizations, employees, and communities heal and thrive before, during, and after a disruption. Dr. Vergolias, thank you for being with us today.

Dr. George Vergolias: [00:01:19] My pleasure. It’s certainly not my pleasure to talk about what we’re going to talk about, but certainly, it’s nice to be able to leverage my expertise in a way that hopefully will be helpful.

Shane McNally: [00:01:30] Absolutely. And so, I think with that, we just kind of jump right into it. And can you kind of give us a brief talk through of the Buffalo shooting, the style of violence, and what occurred?

Dr. George Vergolias: [00:01:44] Yes, certainly. And I will preface this with a disclaimer and say that, now, what’s interesting in this case is we’re a week out and we know a lot, and we know a lot, because one, the assailant, Payton Gendron, has been apprehended. He had a 180 or so-page manifesto. He was posting online. This is an assailant that, really, he was secretive in terms of the general public, but in select audiences, he really wanted his voice to be heard.

Dr. George Vergolias: [00:02:21] And eventually, at the end of a gun, he wanted to be heard, his message. So, we know a lot about him, and sometimes, we don’t know a lot about the assailants this soon after, so we can make some assumptions and we can say some things that are informed at this point. So, what happened is on May 14th, just about a week ago, Payton Gendron, an 18-year-old White male from Conklin, New York, walked into a Tops grocery store roughly about 200 miles from where he lived, and he opened fire.

Dr. George Vergolias: [00:02:58] He actually began firing in the parking lot, and he proceeded then to walk into the grocery store and continued shooting people. It’s clear from the evidence that this was a racially motivated attack. I’m comfortable saying it was a hate crime, although to say that affirmatively is a legal process, but he’s being brought up certainly on charges of it being a hate crime.

Dr. George Vergolias: [00:03:25] So, what’s interesting here is there’s evidence that going all the way back to late 2021, he was already planning this attack. He was going on websites like 4chan, and more recently, on Discord, and not only engaging in rhetoric that kind of met his ideological view of the great replacement or the major replacement theory of the White race being slowly wiped out, which is one of a number of theories that White nationalists and White nationalism subscribes to in believing that Whites, in general, are being somehow edged out or weeded out of the population, not just in the US, but globally.

Dr. George Vergolias: [00:04:15] So, he was doing this online. He was engaging in online threats. He was engaging in planning. He, for a number of months, was selling off belongings, so he can have the money to buy tactical gear, and weapons, and ammunition, and so on. On March 8th, he went to—he drove the 200 or so miles to the Tops grocery store, and he basically cased the joint. He walked through up and down the aisles.

Dr. George Vergolias: [00:04:44] He walked in and out a number of times. Eventually, he was confronted by a security guard that had basically said to him, “I’ve seen you go in and out a few times. What are you doing?” And basically, Payton said that he was collecting consensus—or rather census data, which could have been reasonable, right? And it was taken at face value. And then, he went home, and later that night, he chatted, and he basically said it was a close call, he almost got caught.

Dr. George Vergolias: [00:05:16] What he was doing, it was, he’s looking at the patterns of people coming in and out. He was looking at the areas of the store that were busier and at what time of the day. He was no doubt looking at the security people and their movements, as well as looking at how they might respond. This is all very planned, what we call pre-attack planned behavior, and it is a pattern that we see a lot with predatory individuals. What he also did is he came in with several firearms in his person, certainly, in his car.

Dr. George Vergolias: [00:05:56] He was suited up in tactical armor, including a tactical helmet. At one point, what they call Army-style or assault-style tactical gear. Several weapons he had, a Mossberg 500 shotgun. He had a hunting rifle that was given to him by his father when he was 16. And he had recently bought a Bushmaster XM-15 rifle in January from a local gun distributor. That weapon was purchased legally, and in between December 8th and January 19th, he actually visited roughly about 15 different gun stores in the greater, larger northern New York state area.

Dr. George Vergolias: [00:06:42] He hid those weapons in his bedroom, and he wrote online that he was worried that his parents would find him, and he would get found out, and his plans would fall apart. That didn’t happen. Unfortunately, that did not happen. When he came on site and started shooting, there was a security guard and ex-law enforcement officer named Aaron Salter, who returned fire, shot Payton, and run, but due to the tactical armor he had on, he wasn’t able to subdue him or bring him down. Payton returned fire and killed Mr. Salter. I could go on about the details, but then he proceeded to work his way through.

Dr. George Vergolias: [00:07:22] His plan, at least as written online, was to then go to other locations that day and continue his killing spree. Fortunately, police responded very quickly. I believe at one point, he turned the gun on himself, he didn’t fire, but he kind of pointed it in his own neck, and the law enforcement officers talked him out of self-harm, and they took him into custody. So, there’s a lot of details I didn’t cover. I wanted to give a little more flavor. And what I was highlighting with those facts are things that are very pertinent to the kind of violence that we’re seeing here. Would it be good for me to describe that now, Shane? I know you had several aspects to your question.

Shane McNally: [00:08:09] Yeah, if you would like. I think one question that we could go off of right now that just popped up from what you were saying is when he was going in and out of that store, now, correct me if I’m wrong, he was actually full-on planning and mapping out everything that he was going to do, right?

Dr. George Vergolias: [00:08:25] Absolutely. Absolutely. So, one thing that we see with this type of violence, and there are two types—well, before I go into that, because that’s an explanation, but to answer your question, absolutely. This wasn’t a random, hey, let me just go check out this grocery store. He drove 200 miles in early March to specifically case and do surveillance on this store, partly to solidify it as a target.

Dr. George Vergolias: [00:08:53] Sometimes, psychologically, we call this a hardening of targets. Another way we describe hardening of targets is if you are a target and you put certain security measures in place that toughens them or hardens them. After 9/11, even going as far back as after the Oklahoma City bombing by McVeigh, many federal buildings put large cement pylons in front, so you couldn’t get a truck right up to the door.

Dr. George Vergolias: [00:09:20] That is a security hardening of target. But there’s a psychological principle where you also do something that I refer to as a hardening of the targets. You are no longer thinking of the targets as humans, as subjects, with lives, and goals, and dreams, and loved ones. You’re hardening them in your mind. You’re objectifying them. And when you walk through a site as an attacker, and you’re committed to the plan at this stage, you’re starting to just think of this almost like a cognitive exercise.

Dr. George Vergolias: [00:09:52] You’re not thinking of these people as people. You’re thinking of them just as objects, as targets. And so, that’s part of the process of casing. It is partly, how do I get away with it? How do I inflict maximum damage? But it’s also that process, in your head kind, of steeling yourself, not steal, as in the metal, steel. You’re hardening yourself and hardening your mind psychologically to commit the act.

Shane McNally: [00:10:19] Wow. Yeah, it’s just crazy to think that somebody could do that and even go so far as to, like you said, harden themselves to do that in the planning.

Dr. George Vergolias: [00:10:29] Let me just piggyback on that real quick. What’s interesting is assailants that are in this predatory mode, and I’ll talk about that just next, but they will go to other lengths. Like if you look at Dylan Klebold and Eric Harris. Eric Harris, these are the Columbine assailants, in the weeks leading up to the Columbine attack, Eric Harris specifically went off his antidepressant medication for two reasons. He didn’t want to feel emotionally subdued or mellowed. He wanted to feel the full rage that he was feeling as he went into that attack. He wanted the full, you almost can say it, he wanted to be emotionally amped, right? He wanted to be jacked up emotionally. He purposely did it. That wasn’t accidental.

Dr. George Vergolias: [00:11:16] When you see these guys, and almost all guys, by the way, I think last data that I looked at from a couple of years ago, pre-pandemic, something like 3 or 4% of mass shootings have been committed by women, so this is almost predominantly a male game right now. And people will say, why do they get all this tactical armor? Well, one is maybe self-protection. But let’s be honest, in most of these attacks, I mean, if you look at the synagogue attack from two years ago, if you look at the Christchurch mosque attack from a few years back, none of these people had weapons.

Dr. George Vergolias: [00:11:53] Why do they wear black? Why do they wear camouflage in the middle of the day? That doesn’t obscure you, that doesn’t hide you, it makes you stand out. They are psychologically gearing up. They’re psychologically putting on the uniform to be a commando, to be a soldier of their cause. That’s another aspect of them psychologically getting geared up and almost building up momentum to go out. The closest normative example for any of us that ever played football, and you’re in the locker room, you got your pads on, you got your helmet on, and you’re smashing helmets with your buddy, and you’re smashing their shoulder pads, what are you doing?

Dr. George Vergolias: [00:12:31] You’re getting amped up for the game before you go out of the locker room and take the field. That’s fairly normative, right? We all see that. We all understand that. These attackers have similar individual rituals that they do to amp themselves up in preparation to go out out of the field of play, as they say it. So, yeah, so these are really good questions, but that’s what we see. It’s a very interesting psychological phenomenon.

Shane McNally: [00:12:56] Wow. And I know you mentioned you want to talk a little bit about the kind of act of violence that this really looked into, but kind of maybe wrap it in with this, my next question of like, does this shooting remind you of other events in history?

Dr. George Vergolias: [00:13:10] Yeah, it absolutely does. So, before I go there, though, let me talk about affective versus predatory violence, and then I’ll talk about the reminders—or what it reminds me of, and then the linkage is between them, if that’s useful.

Shane McNally: [00:13:24] Yeah, absolutely. That sounds great.

Dr. George Vergolias: [00:13:25] So, a little bit of history lesson here, but psychological history lesson that hopefully is interesting. We know now that there are basically two biological or biophysiological modes of violence in the brain. They have different anatomical aspects of the brain that are in operation. They have different neurotransmitters. They operate with different neuronal pathways. And the way this was found out is about 70 years ago or so.

Dr. George Vergolias: [00:13:55] I believe it was German or Austrian scientists, were doing research on cats, and they open their brains while they were obviously alive, and in case we have cat lovers out there, once you anesthetize the skull, the brain doesn’t have sensors, pain sensors, and they would put electrodes on the brain. And what they found out—and then they expose them to different environment stimuli to see how they reacted.

Dr. George Vergolias: [00:14:22] And they weren’t necessarily trying to study violence, per se, but what they found out is that there were two kind of violent reactions that had two different patterns in the brain. One, they deemed affective violence or emotional violence, and the other, they called predatory violence. Sometimes, it’s also referred to as targeted. I don’t like that term. I like predatory, because it kind of shows you the mode. Affective violence is violence that most of us have seen, or if we’re ever going to be a victim of violence, most of us are going to be a victim of affective, reactive violence.

Dr. George Vergolias: [00:14:57] It’s emotional. It has to do with hyperarousal, meaning you’re jacked up, you’re excited, you’re scared, you’re fearful, you’re shamed, you’re annoyed, you’re rageful, but there’s an emotion going on. It tends to be reactive and immediate. It tends to be in response to a perceived threat, somebody is threatening you or you feel threatened and you feel you need to react back at them. It is a fight or flight reaction. I need to fight the threat away, or I need to run away, or better yet, I need to posture in order to drive the threat away.

Dr. George Vergolias: [00:15:32] How is posturing? Well, a quick example of affective posturing, we’ve all seen this. Certainly, boys have all seen this. Growing up in grade school, two kids get in a fight at recess, what often happens is they’re cracking their knuckles, right? They’re puffing their chest. They’re swaying side to side. They’re putting their chin out. And they’re taunting the other person to hit them. “Come on, hit me, man. No, you hit me. No, you hit me. No, you hit me. Do you want to fight? Let’s go.”

Dr. George Vergolias: [00:15:58] And this may go on for minutes before a fight even breaks out. And sometimes, the fight doesn’t even break out. Looking at those two, the untrained eye would say, “Oh, well, those two kids really want to fight”, and the truth is, no, they don’t. They don’t want to fight. What they want is they want the other person to walk away, and they save face. They save kind of ego. If you look at prison attacks and you could pull up the Discovery Channel or A&E, and watch prison documentaries, you will see true predatory attacks.

Dr. George Vergolias: [00:16:29] There’s no warning, there’s no posturing, there’s no verbal threats. Two inmates are sitting there looking like they’re best friends, and the next thing you know, one inmate explosively just starts attacking the other with no warning. It’s a very—and it’s almost unemotional. It’s almost cognitive in the way it’s done. So, affective on the one side. It’s also time-limited, meaning if you think of a fight or flight reaction, our bodies can’t stay in that mode for very long.

Dr. George Vergolias: [00:17:00] Adrenaline is pumping to your major muscles. You have cortisol pumping. You have different things going on that is all designed to get away from an attack or subdue an attacker. And this has evolutionary value, right? If you needed 10 minutes to figure out how to get away from a lion, you didn’t live, right? It was an immediate reaction. You had to mobilize to deal with that. So, it’s time-limited. I’m going to add one more thing that’s kind of interesting.

Dr. George Vergolias: [00:17:30] With affective violence, you will have a displacement of the target. Now, what does that mean? That means that if I’m in an affectively violent mode and someone attacks me, I’m going to attack anyone that comes into my circle. So, imagine, for example, that I have a cat tied to a corner of a room on maybe a six-foot leash, and I slowly walk a Rottweiler or a Doberman Pinscher up to that cat, what’s that cat going to be doing? Right?

Dr. George Vergolias: [00:18:00] Obviously, hissing. Its back’s arched. Its claws are extended. It’s showing its teeth. Even if that cat is looking at the dog, would any of us be willing to walk over and pick the cat up? And the answer should be no, right? Why? Because that cat’s attacking anything that comes into its circle, anything that comes into its sphere. One of the reasons that police officers, their most dangerous response in the field is domestic violence, not just because the abuser is in an amped-up state, which is almost not always, but usually, a man, but often, the victim is in a violent state, because she is defending herself.

Dr. George Vergolias: [00:18:40] She is in a fight or flight arousal herself. And so, the whole environment is supercharged with emotion. And with that emotion comes fight or flight reactivity. Okay. That’s affective violence. Bar fights, fights at the Thanksgiving table, hopefully, we don’t have many of those, but some of us have seen that, right? Tailgate fights, fights at school, all that kind of thing. That’s usually affective violence.

Dr. George Vergolias: [00:19:06] Now, let’s juxtapose that with predatory. Predatory violence is you have minimal arousal. First, let me give you an example. Let’s take that cat, and now, put that cat two days later in the backyard, and there’s a bird feeder maybe 30 feet away, and a bird lands on that bird feeder, and now, the cat sees the bird. Now, the cat isn’t on top of the bird yet. The cat’s 30 feet away. Now, what’s the cat doing? It’s super focused, right?

Dr. George Vergolias: [00:19:31] It’s staring at the cat. It’s got a laser focus to its eyes. Its claws are pulled back, because it’s not ready to attack. It wants to move very stealthily, very quietly, and only at the last minute, when it gets close, might it then attack and get aggressive, but it’s in a very cognitive focused mode. The human correlate of that is an Army sniper. I remember seeing an interview of a sniper from the Serbian-Croatian war, obviously, a number of years ago. And this sniper, every night, would crawl, and he was sniping across what they called Sniper Alley.

Dr. George Vergolias: [00:20:08] It was a division line of literally, roughly about one street that divided the forces, and he would crawl up a rubble-strewn staircase, and he would have to crawl across the room with rocks and rubble on it, and get into position, and then he would look throughout the night for people, frankly, to snipe. And they asked him, “When you get to the top of that staircase, how long does it take you to crawl into position, that 20 feet or so? And people would say an hour, 2 hours. It took him often 5 to 6 hours to crawl 20 feet. That’s how careful, and slow, and methodical he was.

Dr. George Vergolias: [00:20:49] Think of that, though, for a minute. Think how cognitive you have to be to do that. There’s no emotion. There’s no reactivity, right? That is an example. Your Army sniper is a more socially sanctioned example of predatory attacks. So, when we see shooters like Payton Gendron, and everything I opened the podcast with and all his behaviors, this is a predatory attack, right? Minimal arousal, meaning he’s not emotional, he’s not jacked up at the time.

Dr. George Vergolias: [00:21:21] It doesn’t mean that he’s not yelling things. There’s a certain bravado that they will show, but he’s not really feeling fear, anger, rage, panic. It’s purposeful and planned, violent. There’s no imminent perceived threat. What we mean by that is nobody in the Tops grocery store posed an existential threat to Payton Gendron. Nobody did. Now, in his mind, they did, because they represented a minority, a Black community that was taking over the White population by the proliferation of birth rates and all that, if you read his manifesto.

Dr. George Vergolias: [00:21:59] But they didn’t actually pose a threat to him. There was also no displacement of the target. And what we mean by that is if you ever look at closed cam footage of these shooters, and there’s a little bit of this circulating with the Pulse nightclub shooting with Omar Mateen, you could see a little bit of this online with the Columbine shooters, you will notice that they’re not frantic as they walk through and shoot people. They’re very cold, and methodical, and calculated.

Dr. George Vergolias: [00:22:34] Often, I talked about rituals of affective violence, you puff your chest up, because the signal is if it’s in you and me, Shane, it’s Shane, you don’t want any piece of me. I’m going to puff my chest. I’m going to crack my knuckles. I’m going to sway back and forth. I’m going to look tough. I’m going to look like a peacock, right? I’m going to extend my physical prowess, because I want you to walk away.

Dr. George Vergolias: [00:22:55] I don’t really want to fight you, but I can’t admit that, because I’m a man, so I need you to walk away. The problem is you’re doing the same thing, and often, one of us crosses a line and it gets physical. In the predatory style, you don’t see the public displays, because it would give up your intention, right? If every mass shooter showed massive public displays of their intent, we would catch all of these guys.

Dr. George Vergolias: [00:23:18] What they tend to do is they tend to show these displays in very focused communities or groups that they think mirror their ideology. That’s why he went on 4chan. That’s why he went on Discord. That’s why moments or hours before he went on the shooting, he invited a very select group of 15 people that we’re still investigating to visit him on the Discord Channel and look at his postings, and I think there were even links to the live feed that he showed when he went and committed the shooting.

Dr. George Vergolias: [00:23:53] So, all of these are private rituals, and the goal is to fuel their own narcissism, and reduce their paranoia, and kind of gear them up psychologically for the attack. In Columbine, Harris and Klebold, they made basement tapes for weeks and months ahead of time, where they talked about the attacks and their intentions, and what they hope to get out of it, and what their intended outcome is going to be.

Dr. George Vergolias: [00:24:18] So, why do I go into all this? It’s really important to understand these features, so you can understand what kind of violence are you trying to prevent? I can’t tell you after this shooting and after every shooting how many, and we’re going to hear this over the next few weeks, people that knew Payton Gendron come out and say, “Oh, I never saw this coming. He was such a quiet, mild-mannered kid.

Dr. George Vergolias: [00:24:46] Now, he had some problems, no doubt, but I never saw him get all erratic. I never saw him explode in rage. I never saw him show high levels of emotion.” Well, of course, you didn’t. He’s a predatory attacker. It’s a very different kind of MO than what we would see. If you’re a psychopath, you’re going out to the bars every night and getting in bar fights. It’s a very different kind of psychology that goes behind this. I know that was long-winded, but I wanted to do that question justice.

Shane McNally: [00:25:15] Yeah, absolutely, and thank you for that. And I think that leads into the next one really well when you just mentioned kind of the psychology of it, but there’s a lot of talk, obviously, there’s a lot of media, and we’ll get into that in a second, around this shooting and everything, but there’s also a lot of talk about the attacker himself and being evaluated by mental health professionals the year prior to the attack. So, there’s this like idea out there that mental health treatment can or should play a role in preventing these types of attacks. And events like this, obviously, like the idea is that they show a crack in the system. Can you kind of like expand and speak a little bit more on that?

Dr. George Vergolias: [00:25:52] Yeah, I can. So, we don’t know everything about that. What we know is roughly about a year, maybe a year-and-a-half, I don’t have the exact time frame, I believe he wrote a paper or he wrote something down, where he talked about or he made statements about committing a murder suicide at school. The school did what they needed to do. They flagged it and they sent him for a mental health evaluation. I don’t know where that occurred. I actually work locally here in North Carolina in hospitals, and I do these evaluations. Typically, when the school flags it, they’re like, we think this kid might be dangerous to themselves or others. They send them into the emergency department. They’re evaluated.

Dr. George Vergolias: [00:26:34] And at that moment, it’s important to know that the evaluating clinician, typically, a doctor, could be a social worker, but typically, it’s a doctor of psychology or a psychiatrist, they have to adhere to an imminent risk standard, which means, are you imminently at risk of killing yourself or others? Not, are you kind of a bad person or might you do something a week from now, a month from now, a year from now? But are you so dangerous in the next 24 to 48, to 72 hours that I need to take away your rights and commit you to the hospital? There’s a few avenues to make that happen, but that’s the ultimate, is I’m literally going to commit you against your will.

Dr. George Vergolias: [00:27:14] In order for that statute, that bar to be met in most jurisdictions across the country, there has to be a lot of data that shows that you’re thinking of hurting yourself, you have strong ideation of doing it, you have a plan, you have intent, and you lack certain impulse control to hold yourself back, and you lack certain protective factors. That’s a lot of checkboxes. What happened, as best we know, from what I can gather from second party sources, is that he went in. Again, by the way, most of these guys are fairly manipulative.

Dr. George Vergolias: [00:27:52] Payton was bright. He actually, I think, won first prize in middle school at a chemistry contest. I think he was on the honor roll for most of his high school career until he dropped out. This was not a stupid kid. He went in basically, and said, “Oh, I was just trying to get out of school. I was bored and I knew that would get me out of school.” And the other checkboxes just weren’t there, and they released him. And that was a year ago, right? You can’t lock a kid up for a year, so—you can in some cases, but you have to be very severely mentally ill, which he wasn’t.

Dr. George Vergolias: [00:28:26] So, I think there’s this misconception that a mental health evaluation is going to solve all these problems. There was a really wonderful op-ed piece by Mark Follman, F-O-L-L-M-A-N, who’s written for The New York Times. He’s written for Mother Jones. And most of his writing as a journalist has focused in the last five or so years on understanding mass shooting and mass attacks. And he’s worked with a lot of very well-known researchers on threat assessment and forensic psychologists.

Dr. George Vergolias: [00:28:58] I’ve seen him talk. I’ve met him at conferences. Really great journalist. He just published an op-ed piece. I believe it was in The New York Times or The Washington Post. I can’t remember immediately off the top of my head. I’ve been digesting so much information on this. But he talks about how these individuals do have mental health issues, no doubt, but this is not a mental health problem at its core.

Dr. George Vergolias: [00:29:22] The overwhelming majority of people with mental illness are not violent. Mental illness doesn’t, otherwise, take a nonviolent person, and suddenly, make them violent. There are rare, and I mean very rare exceptions, where you might have somebody with severe mental illness, paranoid delusions, psychosis, where they believe people are after them and they feel they need to defend themselves.

Dr. George Vergolias: [00:29:47] There’s almost no cases in which those individuals go on a shooting spree. There’s a few. There’s a few. I think it represents something like 3 to 4% of all mass shooting seem to be motivated by the nature of the psychotic, paranoid delusions that the person was having. The overwhelming majority of these cases, these people, they didn’t have a great sense of right and wrong, meaning their morality was a little bit skewed like a psychopath’s is, but they knew right and wrong.

Dr. George Vergolias: [00:30:19] They knew what they were doing and they were making decisions to do these based on an ideology that they were subscribing to. So, that’s one of the factors, I think, that’s important to realize, is that mental health, we do need to improve our mental health system, no doubt. And I think we need to rethink some of the laws we have in order to try to keep people safe, but a lot of these shootings would not necessarily be prevented simply because somebody was hospitalized against their will. And in this case, that was well over a year ago. That probably wouldn’t have had a massive impact here.

Shane McNally: [00:30:55] Yeah, those are some excellent points to bring up around that, so I appreciate you taking that question there, too. And so, like I mentioned at the beginning of that question, of going back to it a little bit here, you did mention earlier that there was a massive amount of media presence around this shooting, and understandably so, with news outlets and everything like that, and can you tell us about the impact that having so much media presence has with this level of violence?

Dr. George Vergolias: [00:31:25] Yeah, absolutely. So, there’s this thing in the field that we call the contagion effect. There’s also the copycat effect. The copycat effect is simply—and actually, we saw this, and I’m actually going to dovetail this with an answer to a question you asked earlier that I got away from, where you ask simply, does the shooting remind me of other things? And it absolutely does, and just in recent memory, right?

Dr. George Vergolias: [00:31:50] So, we know, for example, on, I think it was October 27, 2018, in Pittsburgh, the Tree of Life synagogue, Robert Gregory Bowers, 46-year-old male, went in and shot 11 people in the synagogue. And his thing was very similar to the whole White replacement theory, and he was blaming Jewish people for being responsible for—being the immigrant invaders and being responsible for promulgating the immigrant invaders. We all have heard of March 2019, the Christchurch New Zealand shooting.

Dr. George Vergolias: [00:32:30] 51 people shot by Brenton Harrison Tarrant, 28-year-old White male from Australia, and he clearly was responding in a very similar way to what he perceived was the great replacement. He actually called his manifesto The Great Replacement, and it was the same ideation that Payton Gendron was replying to. In fact, in August of 2019, Patrick Wood Crusius at the Walmart shooting in El Paso shot 20 people. Same thing. His manifesto, he called The Inconvenient Truth, but it was the same thing he was railing against, is that this attack is the responsible for Hispanics, in this case, invading Texas, and he felt like people needed to come after or he needed to go after that contingent of society to defend the White race.

Dr. George Vergolias: [00:33:26] So, there’s clearly a plan here, and what’s interesting is Patrick Crusius, the shooting at the Walmart, he got his inspiration from Harrison Tarrant of the Christchurch shooting. And we know there are indications from the manifesto that Payton Gendron also got his influence, or motivation, or inspiration from prior shootings as well. So, what we see is there’s a certain copycat effect of people see earlier shootings, where people have similar or closely aligned ideologies, and they use that to fuel their own ideation, and they almost see it as their hero, and they further commit an act. What we also know that—that’s the copycat effect.

Dr. George Vergolias: [00:34:12] What we also know is there is something called the contagion effect. And what we’ve known, and we’ve known this for 30 years, and that is when there is a mass televised or massively publicized shooting of a mass shooting or a widely publicized story of a mass shooting, there is a significant increase, usually, it’s been measured at 10 to 13X increase of another unrelated mass attack occurring within about two weeks of that publicized event. Now, that used to be regional if you go back 30 years ago, basically, if you go back before social media and mobile phones.

Dr. George Vergolias: [00:34:57] It used to be—I live in Raleigh, North Carolina. Shane, I know you’re in Minneapolis. If there was widely publicized in the newspaper, there would be a certain geographic barrier to the publication of that where that risk would increase. Now that we are truly a globalized news kind of feeder source, that regional barrier just doesn’t exist. It doesn’t really matter, right? You could have a shooting in New Zealand, and it’s covered all over the news globally, and it’s on CNN and Fox News every night, and it motivates some guy in Albuquerque, right? But what’s behind this psychologically?

Dr. George Vergolias: [00:35:40] In a weird way, it’s a really understandable dynamic, aside from the heinousness of the violence. What’s behind it is someone sitting at home right now as we’re talking, and they got a lot of hate, a lot of anger, whatever their ideology is, it could be right wing, which a lot of it right now is right wing, it could be left wing, right? It could be radical, violent Islamist. A lot of directions, but they’re thinking somebody should do something, somebody should do something.

Dr. George Vergolias: [00:36:13] And then, they watch a shooting like this, and maybe they start saying in their head, God, this Payton guy was kind of a loser, if he could carry this out, certainly, I can, right? I could pull this off if he can. Why wouldn’t I? Maybe I should step up and take arms for the cause, fill in the blank of whatever the cause is, right? Because it could be on different levels of the political spectrum.

Dr. George Vergolias: [00:36:36] And then, it emboldens them to start—it’s almost like the light bulb goes off and it emboldens them to move forward with a plan. The other thing is there’s people that have already been incubating in that for months or years, and what they needed in a way psychologically is that model, that last inspirational push over the edge to move into planning or to take things to the next level and go into planning mode. Now, when I said earlier, this is normative psychologically, you’re like, what?

Dr. George Vergolias: [00:37:07] Well, here’s my explanation, and I’m going to give you my personal story, almost every year, I sit down sometimes with my wife, she’ll watch it, other times, she doesn’t, but almost every year, when the Iron Man, the Kona Iron Man is on TV, I watch it from beginning to end. And I love watching the athletes that finish in X number of hours, but I also love watching the people that are doing it all day long and they make it in with 5 minutes to go before they shut the race down, right? And there’s also that one guy, I forget his name, whose son has cerebral palsy, and he finishes the whole race every year, or used to. I don’t know how old he is now, but it’s very inspirational, and he does it with his son.

Dr. George Vergolias: [00:37:48] He like pulls the son on a small raft, and then he rides the son on the bike, and then he pushes the son on a stroller through the marathon, and it’s the most inspirational thing in the world. And what do I do in the next morning? I wake up early, and I go and buy groceries, and I buy spinach, and I buy protein drinks, and I buy all kinds of stuff, and for about two days, I work out, and then I go back to eating nachos, right?

Dr. George Vergolias: [00:38:11] But for a short period of time, I’m looking at these images, and saying, damn, I can do that, I should do that. It’s the same psychological principle with the contagion effect, we’re just seeing it directed in a really heinous, violent avenue. So, yes, these events do have precursors and they do piggyback off one another in the mindset of certain numbers of assailants. But let me say one more thing, because it’s important to know.

Dr. George Vergolias: [00:38:42] Positive interactions could have the opposite effect as well. I remember listening to a famous security expert threat manager, Joel Dvoskin. He was doing a post-mortem autopsy, a psychological autopsy, as we call it, on the Columbine assailants. And Eric Harris was set, he applied to the Marines, and about three weeks before the shooting, he got his rejection letter. And he got rejected, I think he had an ear or a foot issue.

Dr. George Vergolias: [00:39:13] I don’t remember the exact issue, but there was some issue medically, and they just said, we can’t accept you. And somebody asked him, if Eric Harris would have gotten into the Marines, do you think he would have backed away from the shooting? And Joel Dvoskin said, and I agree with him, absolutely. Absolutely. That gave him something to look forward to. That was his whole life. It gave him motivation towards something better and more prosocial. There’s no way he would have gone through that shooting, and I’m inclined to agree.

Dr. George Vergolias: [00:39:40] So, what’s interesting is there are people on this trajectory that haven’t committed yet but are inching towards committing, and something positive happens. They find a girlfriend. They get that job that they didn’t think they’d get. An old mentor calls them. I mean, a million little things, and it just turns them off a trajectory, and it’s just enough to nudge them off the pathway. Now, some kid get nudged back on the pathway, but sometimes, it’s just enough to nudge them off the pathway. So, there are some really interesting dynamics that play as people are navigating through this process of trying to decide, do I take this to the next step and continue on that path?

Shane McNally: [00:40:24] Well, yeah, and like you said, we’ve seen this everywhere in the news and everything like that, and additionally, this one was a little, I think, different, because it was also live-streamed. He had a live stream up as well. And I think kind of going into how this can actually impact people that were there, but also, people across the country that have seen some of these videos or are just upset and traumatized, honestly, about the whole thing, and understandably so. How did live-streaming this online really have an effect on people that may have seen it? Is it likely to increase fear and trauma to people that weren’t there, but did see this shooting play out?

Dr. George Vergolias: [00:41:07] Yeah, I think there’s a few ways in which it could significantly impact people. By no means am I going to say that it’s going to cause trauma. That’s prescriptive and different people react differently to that. What I will say is for those people that have been subjected to violence, those people that have been involved in a shooting, lived through a shooting, have had loved ones involved in a shooting, it almost brings a—can, I should say, bring back the experience very viscerally.

Dr. George Vergolias: [00:41:39] So, there’s that subgroup. That’s still a pretty small subgroup of the population. But even those people that may have not been subjected to it, but saw it, it’s disturbing. These are disturbing things. I have been allowed, given my background as a threat manager and a forensic psychologist, I have had aspects—or I’m sorry, access to seeing aspects of closed cam footage shooting or even direct shooter footage when they had a body cam or they had a GoPro, and it’s disturbing. These are disturbing things to see without a doubt. So, certainly, there’s the risk of it being traumatizing.

Dr. George Vergolias: [00:42:16] There’s a flip side to it, and that is for those individuals that are on a trajectory and maybe just a little more upstream from where Payton was at the process, it could also be emboldening to them, right? It could be an image for them of almost reinforcing their own sense of belief of going through something like this. Fortunately, and this is where social media has come a long way, this thing was taken down, I think, within minutes, and scrubbed, which is good.

Dr. George Vergolias: [00:42:50] But yeah, I mean, these are traumatic things. I think if I recall right, the first, there actually were other captured shootings that occurred. There was a shooting from the late ’80s where there was a gentleman whose son had been molested, and the molester had fled the state and was being extradited back into the state, flown in to a certain airport, I forget the name off the top of my head here, and the assailant was at a payphone. I mean, you’re nodding. I guess you’re nodding, right?

Shane McNally: [00:43:31] Yeah, I know exactly what you’re talking about.

Dr. George Vergolias: [00:43:32] And he just said, “Why? Why did you do this to my son?”, and opened fire. That was on TV, right? Ruby shooting Lee Harvey Oswald was on TV. The difference here is that was passively captured. The first time, I think, we saw it by the assailant, to my knowledge, was I think it was Vester Flanagan, the Virginia news anchor, who shot a cameraman and he shot a female anchor, because he lost his job at OWN-something or other in Virginia.

Dr. George Vergolias: [00:44:10] Again, usually, I know these off the top of my head. And he live-streamed and videotaped approaching them during an external video shoot, and he shot the cameraman, and he shot the female anchor. We saw this a few other times. I fear that we’re going to continue to see this a little more often. It is, if you get out of the moral aspect of this, and this is part of a podcast that where if someone takes this next statement out of context, I’m going to look like a monster, so I’ll preface it, if you get out of the moral overlay, and you approach this from a perspective of, boy, how do you really want your message to be heard? How do you want to get out your message to the world?

Dr. George Vergolias: [00:44:55] If you really think you’re a soldier of X cause, X, Y, Z cause, boy, taking a gun, and strapping a camera to you, and shooting a bunch of people in service of a cause, being a martyr, being a soldier of the cause, great way to get your message out, right? In other words, that’s the problem, is it can have real important meaning—not important, visceral impact from the perspective of getting your voice out. Now, it’s a voice of hate. It’s a voice of violence. It’s not a voice—I think anyone in a pro-social democratic society wants to support, but it is a way to get your voice out, yeah.

Shane McNally: [00:45:39] Yeah, absolutely. And like you mentioned, I mean, this can impact people all over the place, and I think that it’s important to kind of take it into like the workplace context. So, say, if you’re an employer and you have employees that have seen this or maybe this hate crime has really—they’re scared now to go kind of out and about. They weren’t there, they weren’t at this Tops, they just feel they weren’t directly impacted, but they do feel some major emotional connection to this. What should employers be doing to kind of help out their employees after this?

Dr. George Vergolias: [00:46:17] There’s a few things that I would keep in mind. One is be careful not to prescribe trauma. In other words, just because people are upset doesn’t mean they’re traumatized, right? There’s an old saying that every time you said you couldn’t go on, you did, right? What’s interesting about the research on trauma is the overwhelming majority of people that have been traumatized don’t actually experience ongoing traumatic symptoms.

Dr. George Vergolias: [00:46:42] In other words, they absorb it. They absorb the punch, is how I describe it, psychologically. It may take a few weeks, but they settle back into their life. They pull up their natural resilience. They pull up their loved ones, their friends, their hobbies, their coworkers, their faith-based groups, whatever it is, and they basically just kind of get back to their life. It doesn’t mean it didn’t impact them. Some walk away with a deep sense of meaning as a result of what they went through, but they kind of get back.

Dr. George Vergolias: [00:47:10] There are other people that for any number of reasons, and no judgment and it’s not a sign of weakness, they can’t quite get over it, and they might need treatment. They might need medications. They might need therapy. All good. We want to get them that if we can. So, as employers, I think it’s really important to not necessarily assume, oh, everyone is fine, or assume everyone’s totally traumatized. It’s important to have resources for that whole gamut and allow people to tap into their natural resources and their natural resilience.

Dr. George Vergolias: [00:47:41] So, that’s the first step. The other thing is to be mindful of these are high-impact events, but they’re extremely low risk in terms of statistical likelihood, right? So, they’re low-frequency, high-impact, no doubt, right? Most of us, many of us have been involved in very bad severe weather, maybe even some of us in a tornado, but every time it rains or thunders, we don’t immediately freak out about a tornado occurring, right?

Dr. George Vergolias: [00:48:14] So, it’s important to educate ourselves on the likelihood of any one of us being involved in a mass shooting as a victim is really, really, really low. What you can do, though, is be mindful of where you are, have awareness. To this day—well, it’s funny. After Sandy Hook, one of the biggest fights my wife and I ever had, but she agreed with me, to her benefit, so I’ll give her props, my kids must have been—boy, there must have been like seven and nine, maybe even six and eight.

Dr. George Vergolias: [00:48:51] And after Sandy Hook, I sat them down and I had a talk with them about mass shooting. I explained how predators think in these attacks. I explained how they look for a kill zone. I explained run, hide, fight. I literally explained, if you have to run away, run away holding your book bag in front of you, reverse it on your chest. And now, some people are going to be laughing at this. None of that’s going to stop an AR-15.

Dr. George Vergolias: [00:49:20] And my wife was mad at first until I convinced her, we’re either going to have a hard discussion now—by the way, I’m also a forensic psychologist. I’m also a child psychologist. I kind of know how to have these discussions. I’m not saying this is for every parent and I’m not saying everyone has a tolerance for this, so I’m not prescribing it, right? But I said, we’re either going to have this hard discussion now, and it’s a low risk, a very low risk, but we might have to have a hard discussion over a funeral casket, and I’m not having that discussion.

Dr. George Vergolias: [00:49:51] And if I do have that discussion, I’m going to have it knowing I tried everything I can to educate my kids on resilience and being aware. Really interesting, fast-forward two years, my daughter had a school shooting, a significant scare. Turned out it was a false claim, but they locked everything down. And there was allegedly somebody on site that might have had a gun. What was interesting is they were barricaded in her room, and it’s hard to visualize on a podcast, but imagine that there’s the door to the classroom, and as soon as you open the door, she was directly in line of that doorway.

Dr. George Vergolias: [00:50:30] And there was a kid in the totally adjacent corner that got up to go get his book bag, now, whether you agree with my daughter’s morality, you could you could debate, but when he did that, she knew, based on what I taught her, that as soon as that gunman comes in, he’s likely to start firing, and he’s likely to spray to one side or the other, and usually, they spray, and they pull out, and they go to the next room, because that’s what they’re doing.

Dr. George Vergolias: [00:50:54] They’re moving on. They’re moving on. Almost like an urban assault. You clear a room, you move on. You clear a room, you move on. And I know that in large classrooms, like Columbine, and this is tough to talk about, but it’s rare that everyone in the classroom is shot unless the assailants come back and they look for victims to pick off. I won’t go way down into that detail. But she knew all this.

Dr. George Vergolias: [00:51:19] So, when that kid got up, she scurried across the room and she took his spot knowing that she was in a better position based on what I taught her. Now, I’m not saying anyone listening to this go out and teach their kids this, what I’m saying, though, is as employers, decide, what do you want to impart to your employees just about physical security awareness, awareness of your space? Right?

Dr. George Vergolias: [00:51:44] If somebody does come in with a gun, where are you going to hide? What can you use as a barricade? If it does come down to a last ditch effort, what can you use as a weapon to fight? Right? Understand the concepts of run, hide, fight, and understand that it’s not a sequence. You don’t always have the luxury of going from running to hiding, to fighting. There are moments where it’s like you turn a corner, and it’s like, damn, there’s a gunman and he’s two feet from me, right?

Dr. George Vergolias: [00:52:11] If you psychologically try to, at least, at least, to some degree, get in the mental space for this, you’re going to be just a little more prepared than somebody that is completely ignorant of understanding these concepts. Now, I’m not saying all employers just start a dialogue. I really believe it’s important to get experts that know how to do this, and whether they coach you on having that dialogue, whether they do the dialogue with you or maybe they do the dialogue themselves as the experts, it’s important to have dialogues and discussions around these things so that people are forewarned with information, and that way, they can be somewhat forearmed to be ready if and when these things start to occur.

Shane McNally: [00:52:56] That’s a great point. And I want to ask, too, as a follow-up, whether you are an employer or a leader in a corporate setting, where you’re going into the office every day or you manage like, for example, a grocery store, is it equally important for both sides to teach their employees and provide resources to be proactive and understand that ahead of time?

Dr. George Vergolias: [00:53:21] I think it is. I think what we see from the data, and unfortunately, we’ve got a lot of it, is from an industry perspective or a location perspective, these are equal opportunity attacks. We see them in manufacturing plants. We see them in churches. We see them in grade schools. We see them in daycares. We see them in grocery stores. We see them in a number of different types of environments.

Dr. George Vergolias: [00:53:48] And whether it is an unassociated attacker, Gendron was not associated with Topps. He picked it, there was a racial profiling, was what he did, and he chose it for that reason, just like the mosque attack in New Zealand, just like the Walmart attack, or it’s an ex-employee that’s disgruntled, and that is an associated, that’s a more personal attack, the company aggrieved me in some way, even if you feel like, well, we’re super low risk, we’re not a minority group, right wing groups aren’t going to attack us, right?

Dr. George Vergolias: [00:54:22] Okay. You’re some White church in the South, right? I’m being cliche here on purpose. Yeah. My guess is maybe White nationalist groups may not want to target you, if we’re using the right wing extremism, jihadist groups might. The point is, you can always have that disgruntled ex-parishioner, that disgruntled ex-worker that, for a number of reasons, decides at some point that they need to be heard and they’re going to be heard at the end of a gun. So, I think, yes, to your point, all employers need to be thinking, not panicking. Again, I want to give voice of caution and voice of cool heads here, but at least being forewarned and forearmed with information is really important in this day and age.

Shane McNally: [00:55:15] Yeah. And you mentioned, too, that experts are able to help out. Can you kind of just give a little bit of some insight into like what you mean by experts or what resources people should be utilizing?

Dr. George Vergolias: [00:55:26] Yeah. So, I’m going to talk, specifically, I’m a certified threat manager, I’m a forensic psychologist, so I have consulted with companies where I have trained the trainer, or I have trained HR or managers to have these discussions or to train their people on situational awareness. Other times, I’ve co-presented with them, and other times, we’ve just come in as experts and we’ve done the training ourselves.

Dr. George Vergolias: [00:55:50] There are other times we’ve facilitated roundtables, where people might get a training, and then they could come in for several weeks, and just have open discussion about their worries, or concerns, or even scenarios, right? Just have an open dialogue about these things. There are different ways that you can manage this in different organizations. Many organizations have their own security departments, and they might have their own trained people that understand threat management and threat assessment, and they don’t need outside experts, but a lot of them don’t have that, right? A lot of employers don’t have that access. And so, they do need that available.

Shane McNally: [00:56:25] Yeah, absolutely.

Dr. George Vergolias: [00:56:26] And by the way, Shane, let me just add real quick, I also do this at the individual level, right? This doesn’t have to be at the employer level. To this day, every time—my kids hate it, to this day, every time I go to a movie theater, and before the lights go down and before the previews start, I will say to them, “Alright. Where are the exits? If a guy comes in from-” and again, I always say a guy, because it tends to always be. “If a guy comes in from here, where are you going? If a guy comes in from there, where are you going?”

Dr. George Vergolias: [00:56:54] And it’s to the point that as soon as they start their sentence, “Yeah, Dad, we know. If a guy comes in from the left, we’re going over this seat and we’re going down to the exit down there. We’re going to keep a low profile and we’re going to duck behind the-“, and it’s almost a game now, but again, it’s ingrained in their head now. It’s ingrained in their head, and I just try to do that at the individual level as well.

Shane McNally: [00:57:14] I will also say, I can attest to that. Since working at R3, I have actually started to do that same thing, and I am not a certified threat manager or anything like that, but just kind of hearing those stories and and ways to do that, I will literally, like especially going to a movie theater or things like that, I do the exact same thing. So, yeah, it’s come to me, too. So, looking at like—we’ve talked about kind of preparing, and before, how you can help mitigate this as an employer. Looking at after the fact, if an event occurs, so say this shooting happens at your organization, what resources or what should leaders be doing to help this recovery process after the fact?

Dr. George Vergolias: [00:58:02] Few things off the top of my head that come to mind. One is, I think it’s important to give them access to counseling support resources. Now, what I mean by counseling is not necessarily formal therapy, right? Some people may need that, right? But if you remember what I said earlier, the majority of people adjust to trauma. They’re affected for a few weeks, but then they kind of get their life back, right?

Dr. George Vergolias: [00:58:27] They adjust, just like we adjust to grief, the loss of a loved one. Most of us, we absorb the blow and we get our life back slowly. We still are impacted, but we get our life back at a relatively functional level. Make resources available. One of the best resources is disruptive event management consulting and counseling, where clinical professionals come in, and they help people, totally voluntary for the individuals receiving it, but they help them process, talk through, make sense of, digest, if you will, the events and the impact on them.

Dr. George Vergolias: [00:59:04] A subset of those people, of those recipients, of those employees, they might need referral for more ongoing therapy. Nothing wrong there. That happens. But a lot of them, that initial impact or the impact of that intervention, I should say, can be very, very powerful, and you usually want to impact that within 24 to 48 hours. You don’t want to wait 10 days, two weeks, because what happens is what we know, even from a traumatic angle of the impact on the brain and your body, things start seeping in, and you start developing fear patterns and thought patterns, usually, already within 6 hours after an event, you can short-circuit those and reverse them if you have certain types of interventions within 12, 24, 36 hours.

Dr. George Vergolias: [00:59:49] You start going further out, there’s a risk that we start developing maladaptive habits and patterns. So, that’s why that kind of intervention, you want it very quickly and the goal is to build up their resilience, right? So, that’s one level. The other level and part of that service should also be management consulting. How does management handle the messaging? Right? If certain people are killed, do you share that openly in a message? Do you not share that? Do you give bereavement time to everybody to attend funerals? Do you not?

Dr. George Vergolias: [01:00:28] We literally have had questions where there’s blood at the work site. Do you clean it up before people come back and risk people feeling like you’re whitewashing over the event, or do you leave it and risk retraumatizing people when they come back? These are delicate questions—and these are delicate questions. Sorry about that, guys. There was a tornado warning, of all things, we were joking about on my phone.

Dr. George Vergolias: [01:00:57] And these are delicate questions that managers have to think about, and they have no experience, right? Because very rarely have you been through this before. Most employment locations, happens one time if—well, not most. Most, it never happens to. If it happens to any of them, the overwhelming majority of them have not had these large scale traumatic events occur at all. So, managers, it’s new to them, whereas folks like us, like R3, folks like threat managers like myself, this is what we do. This is the kind of crisis management, threat management work that we do.

Shane McNally: [01:01:35] Yeah, absolutely. And I think we’ve gone through, we’ve discussed the shooting in Buffalo. We’ve kind of gone through what employers and organizations should be doing beforehand, and following that event, and what resources are available out there, so thank you, Dr. Vergolias, for going from A to B on that. If the guests would like to hear more from you, or to get a hold of you, or anything like that, how would they be able to do that?

Dr. George Vergolias: [01:02:03] So, probably, the two best ways is my email at R3 is george.vergolias, V as in Victor-E-R-G-O-L-I-A-S as in Sam, @R-the number 3-the letter C as in Charlie-.com, or you can go to LinkedIn, and I won’t give you my whole actual address. If you type in George Vergolias, I’m the only one that pops up. Fortunately, I have a very uncommon name, so you should be able—a medical director at R3 and you should see me pretty readily.

Shane McNally: [01:02:38] Fantastic. Well, thank you very much for being with us today, Dr. Vergolias, and thank you, everybody, for listening.

Shane McNally: [01:02:45] R3 Continuum offers a plethora of services that can help organizations with disruptive event management, violence mitigation, disruption response and recovery, threats of violence, and behavioral health solutions that can help ensure the psychological and physical well-being of organizations and their employees. We make tomorrow better than today by helping people thrive. Connect with us and learn about our services at wwww.r3c.com or email us directly at info@r3c.com.

 

Show Underwriter

R3 Continuum (R3c) is a global leader in workplace behavioral health and security solutions. R3c helps ensure the psychological and physical safety of organizations and their people in today’s ever-changing and often unpredictable world. Through their continuum of tailored solutions, including evaluations, crisis response, executive optimization, protective services, and more, they help organizations maintain and cultivate a workplace of wellbeing so that their people can thrive. Learn more about R3c at www.r3c.com.

R3 Continuum is the underwriter of Workplace MVP, a show which celebrates the everyday heroes–Workplace Most Valuable Professionals–in human resources, risk management, security, business continuity, and the C-suite who resolutely labor for the well-being of employees in their care, readying the workplace for and planning responses to disruption.

Connect with R3 Continuum:  Website | LinkedIn | Facebook | Twitter

Tagged With: affective violence, behavioral threat assessment, Buffalo, Dr. George Vergolias, mass shooting, NY, predatory violence, preventing workplace violence, R3 Continuum Playbook, workplace violence

LIVE from RISKWORLD 2022: Mark Hoffman, ClearRisk

May 24, 2022 by John Ray

Mark Hoffman
Minneapolis St. Paul Studio
LIVE from RISKWORLD 2022: Mark Hoffman, ClearRisk
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Mark Hoffman

LIVE from RISKWORLD 2022: Mark Hoffman, ClearRisk

Mark Hoffman of ClearRisk and The Resilient Journey Podcast was the guest on this episode of Workplace MVP LIVE from RISKWORLD 2022. He is not only a Continuity Consultant for ClearRisk, but the host of the podcast they sponsor, The Resilient Journey Podcast. He and Jamie talked about resiliency, the work ClearRisk does in risk management information, his presentation at RISKWORLD, the amazing stories on The Resilient Journey Podcast, and more.

Workplace MVP is underwritten and presented by R3 Continuum and produced by the Minneapolis-St.Paul Studio of Business RadioX®.

This show was originally broadcast from the RIMS 2022 RISKWORLD Conference held at the Moscone Center in San Francisco, California.

Mark Hoffman, MCBI, CBCP, Continuity Consultant, ClearRisk, and Host of The Resilient Journey Podcast

Mark Hoffman, Business Continuity Consultant, ClearRisk and Host: The Resilient Journey Podcast

ClearRisk works with risk managers and senior management from over 150 organizations across North America in retail, property management, municipalities, technology, and many others. Their team comprises a powerful combination of risk management experts, insurance specialists, and a multidisciplinary squad of tech-savvy individuals, all dedicated to pushing the risk management envelope.

Their focus is on optimizing our customers’ risk to keep people and assets from harm, thereby making our customers more successful. Their solutions have empowered customers to mitigate millions in total cost of risk, achieve higher operational excellence, increase safety, and increase the bottom line.

The Resilient Journey Podcast explores some of the biggest issues facing organizations today and chats with industry leaders about ways we can all be more resilient.

The Resilient Journey Podcast

Mark Hoffman LinkedIn

Company website | Company LinkedIn

About Workplace MVP

Every day, around the world, organizations of all sizes face disruptive events and situations. Within those workplaces are everyday heroes in human resources, risk management, security, business continuity, and the C-suite. They don’t call themselves heroes though. On the contrary, they simply show up every day, laboring for the well-being of employees in their care, readying the workplace for and planning responses to disruption. This show, Workplace MVP, confers on these heroes the designation they deserve, Workplace MVP (Most Valuable Professionals), and gives them the forum to tell their story. As you hear their experiences, you will learn first-hand, real-life approaches to readying the workplace, responses to crisis situations, and overcoming challenges of disruption. Visit our show archive here.

Workplace MVP Host Jamie Gassmann

Jamie Gassmann, Host, “Workplace MVP”

In addition to serving as the host to the Workplace MVP podcast, Jamie Gassmann is the Director of Marketing at R3 Continuum (R3c). Collectively, she has more than fourteen years of marketing experience. Across her tenure, she has experience working in and with various industries including banking, real estate, retail, crisis management, insurance, business continuity, and more. She holds a Bachelor of Science Degree in Mass Communications with special interest in Advertising and Public Relations and a Master of Business Administration from Paseka School of Business, Minnesota State University.

R3 Continuum

R3 Continuum is a global leader in workplace behavioral health and security solutions. R3c helps ensure the psychological and physical safety of organizations and their people in today’s ever-changing and often unpredictable world. Through their continuum of tailored solutions, including evaluations, crisis response, executive optimization, protective services, and more, they help organizations maintain and cultivate a workplace of wellbeing so that their people can thrive. Learn more about R3c at www.r3c.com.

Company website | LinkedIn | Facebook | Twitter

TRANSCRIPT

Intro: [00:00:02] Broadcasting Live from RISKWORLD 2022 at the Moscone Center in San Francisco, it’s time for Workplace MVP. Brought to you by R3 Continuum, a global leader in helping workplaces thrive during disruptive times. Now, here’s your host.

Jamie Gassmann: [00:00:22] Hi, everyone. Your host, Jamie Gassmann here, coming to you from the RISKWORLD 2022 Expo Hall in R3 Continuum’s booth, our show sponsor. And joining me is Mark Hoffman from ClearRisk US Corp.

Mark Hoffman: [00:00:38] Yeah.

Jamie Gassmann: [00:00:38] Welcome to the show, Mark.

Mark Hoffman: [00:00:39] Thanks, Jamie.

Jamie Gassmann: [00:00:40] Yeah.

Mark Hoffman: [00:00:40] This is fun.

Jamie Gassmann: [00:00:41] Yeah, it’s exciting. I’m glad you stopped by. I know we’ve been having fun chatting already before, but tell us a little bit about what ClearRisk does.

Mark Hoffman: [00:00:49] Well, no, before I do that, I have to say why I stopped by. It’s because of your producer, John’s light out front that just drew me in, this beautiful on-air light that said, “Man, I got to learn more about that.”

Jamie Gassmann: [00:01:01] Yeah.

Mark Hoffman: [00:01:02] But no, seriously. So, I’m here with ClearRisk. I was a speaker at the conference. I spoke yesterday, and we can talk about that a little bit. But ClearRisk is a risk management information system. So, RMIS. We do claims, and incident reporting, and tracking and analytics. And I’m also helping them develop a business continuity module to help companies be more resilient. And we’re here at the conference as well, down at Booth 1918. And it’s been a great experience.

Jamie Gassmann: [00:01:33] Yeah. So, I know it’s kind of the first time back in-person after a couple of years.

Mark Hoffman: [00:01:38] Yeah.

Jamie Gassmann: [00:01:39] So, you know, what have you felt the vibe being or the people you’ve been talking to, what are you kind of sensing from the audience?

Mark Hoffman: [00:01:45] Well, the first vibe for me was before I spoke live in front of an audience yesterday, I sort of had those butterflies that you don’t always get when you’re in front of that Zoom screen or whatever. And a lot of the conferences that I spoke at the last couple of years, they have you pre-record it and send it in. And so, it’s very easy for those things to come off really flat because you’re in your office by yourself, and you don’t have that feedback that you get from the audience.

And yesterday, yeah, okay, there were a little — you know, some jitters maybe early on, but I had a full room, standing room only, great eye contact, people taking pictures of the screen, you know, things like that. And you get that interaction with the audience that says, wow, it’s just energetic and it really, you know, charges you up. As far as the conference goes, it’s great to see people. There have been some very clever things to draw people in, the potting contest, some of the walls, the sand sculpture and, you know, the on-air booth over here.

Jamie Gassmann: [00:02:46] Our on-air booth. That’s awesome.

Mark Hoffman: [00:02:48] Yeah. So, well done.

Jamie Gassmann: [00:02:48] Thank you. So, talking about your presentation, tell me, what was the topic of that presentation or kind of dive into the meat of what you were discussing?

Mark Hoffman: [00:02:59] Yeah, I sort of took a different approach, and it’s a risk that everybody’s thinking about, and it’s cybersecurity. And so, I spent 20 minutes yesterday talking about how to effectively communicate if you’ve been the victim of a cyber attack, and really to kind of narrow it down to the main nuggets.

It’s basically three things. If you need to communicate to external stakeholders, or to the public, or even to your employees, it really needs to start with the fact that you have to own it. You have to tell the truth. You have to explain what happened, admit what happened. And this applies really to any type of crisis, not just a cyber attack, but basically just come out and say, “Listen, this is what’s happened,” and tell the truth. Whatever that initial statement is, it has to stand up to fact checking, right?

We live in a world right now where everybody — I was at the ball game last night. I went down to a Giants game and I was sitting next to a woman who said to me, “Oh yeah, I was in Toronto once.” And I said, “Oh, what were you doing?” And she said, “Well, I was filming a movie there.” And so, I said, “Well, that’s kind of cool.” And I asked her what the movie was, and she told me, and she told me what her role was. And then, when we turned away from each other, what did I do? I Googled it, right? Just to make sure that is this woman legit? Like, you know, was she really in that movie? And she was. And it was really kind of cool. So, whatever statement you make has got to stand up to that fact checking, which is, you know, real time.

The next thing is add some context to what you just told me. And then, the example that I used yesterday, company came out, and they admitted that they had executed on an email that they shouldn’t have. But then, they added appropriate context. “Look, our servers were not breached. You know, user data was not compromised in this.” And that’s important context.

And then, the third thing is talk about what you learned from it, and what you’re going to do different going forward. And if you can do those things, and it’s so different than, you know, the average celebrity apology, right? You can do those things. This is what happened; we admit that it happened; if necessary, apologized for it happening; add some good context to it. And then, talk about, “What did I learn? This is what we’re going to do different going forward.” That’s a winning formula for communicating effectively.

Jamie Gassmann: [00:05:18] Yeah, I love it. I feel like those are kind of like, you know, the go-to for when you make a mistake-

Mark Hoffman: [00:05:24] Right.

Jamie Gassmann: [00:05:24] … in a way. Like I mean, that’s what I tell my employees. You know, I live by that. I had a boss very young in my career, mistakes are going to happen, issues are going to happen, cyber risk could happen-

Mark Hoffman: [00:05:33] Right.

Jamie Gassmann: [00:05:34] It’s how you respond to it and, you know, address it, accept ownership or responsibility, and then what are you going to do to make sure it doesn’t happen going forward. So, I love that you brought that up into that presentation because I feel like that those are just standards you should live by, but yeah.

Mark Hoffman: [00:05:49] Right. And it was interesting. Somebody asked a question right at the end and they said, “Yeah, but big corporations lie.” And so, I said, “Yeah, okay, but we need to influence that, right? We need to change that culture. We need to make sure that we come at this from the standpoint that your answers have to stand up to fact checking. Otherwise, you’re just going to make it worse.”

Jamie Gassmann: [00:06:08] Oh, absolutely. When I think of, you know, in addressing a comment like that, it’s like, yeah, but in today’s world, the truth is eventually going to come out.

Mark Hoffman: [00:06:17] Right.

Jamie Gassmann: [00:06:17] And where do you want to — you know, would you want to be like on the positive side of that or the negative?

Mark Hoffman: [00:06:22] That’s right. Lawyers like to use the term the fact pattern.

Jamie Gassmann: [00:06:26] Yeah.

Mark Hoffman: [00:06:26] And the fact pattern is you better be right. You better be on the side of right as you go forward. Yeah.

Jamie Gassmann: [00:06:31] Yeah, interesting. So, I understand in talking to you, you also do a podcast, which is exciting. I love having other fellow podcasters on our podcast with us. Tell me a little bit about what you do there.

Mark Hoffman: [00:06:41] Yeah. So, the podcast is called The Resilient Journey. And it is sponsored by ClearRisk. And you can find us anywhere that you find podcasts – you know, Spotify, Google and Apple Podcasts and all that stuff. And basically what we do is we focus on resilience, whether it’s business resilience, organizational resilience. We talk about cyber risk and things like that.

But we’re also starting to talk a little bit more here about personal resilience. And there’s some very interesting stories. I’ve talked to some folks who — one of my favorites was a guy called Vince Davis. I love him to death. He’s from Chicago and he’s in the emergency management field. And he talked about racial inequity in the emergency management industry. And he said, “Mark, I’ve been doing this for over 20 years.” And he said, “I know and I can list for you all of the other people in our industry who are black.” And do I have time to tell the story I mentioned before?

Jamie Gassmann: [00:07:38] Oh, yeah, keep going. Yeah.

Mark Hoffman: [00:07:40] He said, “Hey, you know, one of the things you have to realize is the privilege that you have that you’re not aware of,” he said, “When you back out of your driveway in the morning to go to work, you’re Mark, or you’re Jimmy, or he’s John.” He said, “I back out of the driveway in the morning and I’m black. And that’s how I’m viewed on the way to work, at work and on the way home from work.” And it’s things we don’t think about. And so, I’ve interviewed him and I love that one.

I interviewed a guy from the UK who lost a family member and talked about the struggles of trying to come to work with that burden. And it really kind of ties in to what you’re doing. And he wrote an article, you know, what do you do when the resilience person or the continuity person can’t continue? How do you deal with that? And he talked about the first step, the hardest step was needing to say, “I need help. I need a break. I need to stop.”

Jamie Gassmann: [00:08:36] Yeah. And, you know, I’ve talked to a lot of people as well. And, you know, even on this podcast, some that have experienced some really traumatic events in US history. I interviewed a gentleman that was in the Pentagon during 911.

Mark Hoffman: [00:08:47] Wow. Yeah.

Jamie Gassmann: [00:08:48] You know, and so hearing those personal stories, I think they’re so helpful in allowing you to be able to connect yourself, so that you’re not just assuming you think you know how somebody feels, but you’re actually learning from somebody what that feels like.

Mark Hoffman: [00:09:02] Right.

Jamie Gassmann: [00:09:02] And that’s so powerful.

Jamie Gassmann: [00:09:03] Right. You know, I interviewed a guy a couple of weeks ago. Sean Vanslyke is his name. He’s the CEO of a company called SEMO Electric Cooperative or something like that. He’s in Missouri. And he does a thing called the Friday Feature. And it’s a one-minute positive little story. And he puts it up on LinkedIn, he puts it on YouTube. And he’s really affected my life. Like, I don’t want to maybe go as far as to say, well, he changed my life, but he certainly influenced me to be more positive.

And that’s what we need right now, right? There’s so much division in our world, and there’s so much hatred, and anger and frustration. And I was in the Frankfurt Airport a couple of weeks ago, and I was on the phone with my wife, and our granddaughter had gone to the hospital. She had a really high fever. And I was trying to talk to her, and I couldn’t hear her. And I just walked off to sort of a corner area. Well, it turned out, it was one of those entrance areas to the lounges, you know, where the elite travelers get to go. And the guy comes up to me, and he goes, “You can’t be here.” And I said, “I’m having an important conversation and I can’t hear out in the main hallway.” “I don’t care. You can’t be here.” And so it turned into a little bit of an argument.

So, I went somewhere else, and I got off the phone with my wife, and I went back up to him and I said, “Look, I understand about the rules. But you could have showed some compassion there.” And that’s just for all of us.

Jamie Gassmann: [00:10:26] Yeah.

Mark Hoffman: [00:10:26] Be better. Let’s be better. Let’s raise the bar, and not look at our neighbor and say, “Jamie, you need to be better.” Look in the mirror and say, “Mark, you need to be better.”

Jamie Gassmann: [00:10:36] Yeah.

Intro: [00:10:36] And that’s where it needs to start.

Jamie Gassmann: [00:10:38] Yeah. It’s like you see a lot of those LinkedIn posts about, you know, understanding that somebody might be going through something that you’re not aware of.

Mark Hoffman: [00:10:45] Right.

Jamie Gassmann: [00:10:45] And how do you show that compassion all the time? Because you might be the difference in somebody’s life that day by just being kind.

Mark Hoffman: [00:10:52] Yeah, you might be.

Jamie Gassmann: [00:10:52] Yeah.

Mark Hoffman: [00:10:53] You might be. I had mentioned to you that one of my interviews, a good friend of mine who went through some childhood trauma. And now, after a long struggle — and then attempted suicide. Now, she helps women who have been through similar things. And she told me during the interview, she said that four people have come up to her and said, “You know, I was suicidal, too. I had a suicide plan, but because of my conversations with you, I don’t feel that way anymore.” And, you know, that’s impact, and that’s leadership, and that’s what we’re about, and that’s what we need to try to do.

Jamie Gassmann: [00:11:28] Yeah, I love that conversation. It’s kind of like we can make that difference in someone’s life-

Mark Hoffman: [00:11:34] Yeah.

Jamie Gassmann: [00:11:34] … just by being human, and compassionate and caring. So, I love that. Great.

Mark Hoffman: [00:11:39] You know, you like to ask questions just like I do, right?

Jamie Gassmann: [00:11:42] I do, yeah.

Mark Hoffman: [00:11:43] And you get a charge out of when you ask a really good question-

Jamie Gassmann: [00:11:46] Yes.

Mark Hoffman: [00:11:46] … when a guest says to you, “Oh, I love that question.”

Jamie Gassmann: [00:11:48] Yes. It’s like, “Oh, I did good.”

Mark Hoffman: [00:11:50] Yeah, that’s right or “I have insight. I think I understand what you’re talking about.” I asked Tracy, who’s the guest I’m talking about, and that’s the episode that’s coming up this week, by the way. I said to her, “Okay. Well, I’ve never been through anything like this. What would you say to me? How can I help? What do I do?” And she says, “Oh, nobody’s ever asked me that before.” And that’s how you know, it’s a good question.

Jamie Gassmann: [00:12:10] Oh, absolutely. You know, I actually had a gentleman on my show one time who had been — he had bipolar. And I asked him, because he talks about when you tell people that you have bipolar, they always go, “I’m sorry.” He says, “That’s not what I want to hear.” My next question was, “Well, what do you want to hear? What can we say because we don’t we don’t know what you feel?”

Mark Hoffman: [00:12:32] Right? Teach us.

Jamie Gassmann: [00:12:33] Teach us.

Mark Hoffman: [00:12:34] Yeah.

Jamie Gassmann: [00:12:34] “What would you like us to say?” So, it’s awesome. So, I’m right there with you. I think this is great. And really appreciate you stopping by and joining us.

Mark Hoffman: [00:12:43] Thanks for having me. And now, you-

Jamie Gassmann: [00:12:45] Yeah.

Mark Hoffman: [00:12:45] Now, you owe me one. Now, you have to be a guest on my podcast.

Jamie Gassmann: [00:12:47] Oh, I’d love to. Thank you for the invite. Absolutely.

Mark Hoffman: [00:12:50] Well, we’ll talk about what you do here-

Jamie Gassmann: [00:12:52] Yeah, fantastic.

Mark Hoffman: [00:12:52] … and what the conference is all about. Yeah. Because it’s all part of being resilient.

Jamie Gassmann: [00:12:55] Absolutely, it is part of being resilient. And I would be honored to be on your show.

Mark Hoffman: [00:13:00] Awesome.

Jamie Gassmann: [00:13:01] Yeah, wonderful. Thanks again for joining us.

Mark Hoffman: [00:13:03] Thanks for having me.

Outro: [00:13:08] Thank you for joining us on Workplace MVP. R3 Continuum is a proud sponsor of this show and is delighted to celebrate most valuable professionals who work diligently to secure safe workplaces where employees can thrive.

 

 

Tagged With: ClearRisk, Jamie Gassmann, Mark Hoffman, R3 Continuum, resilience, Risk Management, The Resilient Journey Podcast, Workplace MVP

LIVE from WORKBENCHcon 2022: Doug Pisik, Wood Artist

May 24, 2022 by John Ray

Doug Pisik
North Fulton Studio
LIVE from WORKBENCHcon 2022: Doug Pisik, Wood Artist
Loading
00:00 /
RSS Feed
Share
Link
Embed

Download file

Doug Pisik

LIVE from WORKBENCHcon 2022: Doug Pisik, Wood Artist (Organization Conversation, Episode 21)

Wood artist Doug Pisik was host Richard Grove’s guest LIVE from WORKBENCHcon 2022 in the Wall Control booth. Doug described the types of projects he does, including highly decorative wood boxes, custom work, and art pieces for galleries and events. He and Richard talked about his transition out of corporate work, his workshop, tool organization, and more.

Organization Conversation is produced by the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta.

Doug Pisik, Wood Artist

Doug Pisik, Wood Artist

Doug Pisik has received awards in many juried exhibits of national artists, been part of over a dozen museum exhibitions, collaborated with other recognized artists, and he has accepted large commissions including several from Home Depot, Terminus Modern Ballet Theatre, and the Smith Gilbert Gardens.  He is classified as a “Master Woodworker” from the Woodworker’s Guild of Georgia. His work is collected by Tony and Emmy award winners, movie producers, CEOs, and other artists and can be found in collections coast-to-coast and in Europe and Israel.

His work is often composed of unique geometric patterns generated out of highly contrasting woods with a perfected technique called “Through-Pattern Construction” allowing complex patterns to pass from the outside through to the inside of his boxes and to the backside of his sculptures ensuring every facet is finely decorated.

Dyes and stains are typically avoided and instead, Pisik continuously searches for woods with naturally contrasting colors and tones to accent his work.  Some of his pieces are constructed with over a dozen species of wood and are composed of over a thousand pieces seamlessly joined together into a solid composition.

Connect with Doug:  Website |Instagram | Facebook

About Organization Conversation

Organization Conversation features interviews with movers and shakers in storage and organization, from professional organizers to the creative and talented Brand Ambassadors who use Wall Control products every day. You’ll hear tips, tricks, and how-tos for storage and organization, as well as receive first access to Wall Control promotions. We talk with our suppliers and partners to give you a look behind the scenes at how we operate, what makes our family-owned and operated brand tick, and some of the fun and interesting insights that go into making our business run. We love our guests, as they are engaging and entertaining with interesting experiences to share. By focusing on those guests and the amazing stories they tell, we hope you will be enriched and find your time listening to the Organization Conversation podcast as time well spent.

Organization Conversation is hosted by Richard Grove, and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, and others.

About Richard Grove

Richard Grove, Host, Organization Conversation

Richard Grove‘s background is in engineering but what he enjoys most is brand building through relationships and creative marketing. Richard began his career with the Department of Defense as an engineer on the C-5 Galaxy Engineering Team based out of Warner Robins. While Richard found this experience both rewarding and fulfilling, he always knew deep down that he wanted to return to the small family business that originally triggered his interest in engineering.

Richard came to work for the family business, Dekalb Tool & Die, in 2008 as a Mechanical Engineer. At the time Wall Control was little more than a small ‘side hustle’ for Dekalb Tool & Die to try to produce some incremental income. There were no “Wall Control” employees, just a small warehouse with a single tool and die maker that would double as an “order fulfillment associate” on the occasion that the original WallControl.com website, which Richard’s grandmother built, pulled in an order.

In 2008, it became apparent that for the family business to survive they were going to have to produce their own branded product at scale to ensure jobs remained in-house and for the business to continue to move forward. Richard then turned his attention from tool and die to Wall Control to attempt this necessary pivot and his story with Wall Control began. Since that time, Richard has led Wall Control to significant growth while navigating two recessions.

Connect with Richard:

Instagram | Twitter | LinkedIn

About Wall Control

The Wall Control story began in 1968 in a small tool & die shop just outside Atlanta, Georgia. The first of three generations began their work in building a family-based US manufacturer with little more than hard work and the American Dream.

Over the past 50+ years, this family business has continued to grow and expand from what was once a small tool & die shop into an award-winning US manufacturer of products ranging from automobile components to satellite panels and now, the best wall-mounted tool storage system available today, Wall Control.

The Wall Control brand launched in 2003 and is a family-owned and operated business that not only produces a high-quality American Made product but sees the entire design, production, and distribution process happen under their own roof in Tucker, Georgia. Under that same roof, three generations of American Manufacturing are still hard at work creating the best tool storage products available today.

Connect with Wall Control:

Company website | Facebook | Instagram

Tagged With: art galleries, Doug Pisik, museum, Organization Conversation, Richard Grove, Wall Control, wood artist, wood boxes

  • « Previous Page
  • 1
  • …
  • 133
  • 134
  • 135
  • 136
  • 137
  • …
  • 275
  • Next Page »

Business RadioX ® Network


 

Our Most Recent Episode

CONNECT WITH US

  • Email
  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Our Mission

We help local business leaders get the word out about the important work they’re doing to serve their market, their community, and their profession.

We support and celebrate business by sharing positive business stories that traditional media ignores. Some media leans left. Some media leans right. We lean business.

Sponsor a Show

Build Relationships and Grow Your Business. Click here for more details.

Partner With Us

Discover More Here

Terms and Conditions
Privacy Policy

Connect with us

Want to keep up with the latest in pro-business news across the network? Follow us on social media for the latest stories!
  • Email
  • Facebook
  • Google+
  • LinkedIn
  • Twitter
  • YouTube

Business RadioX® Headquarters
1000 Abernathy Rd. NE
Building 400, Suite L-10
Sandy Springs, GA 30328

© 2026 Business RadioX ® · Rainmaker Platform

BRXStudioCoversLA

Wait! Don’t Miss an Episode of LA Business Radio

BRXStudioCoversDENVER

Wait! Don’t Miss an Episode of Denver Business Radio

BRXStudioCoversPENSACOLA

Wait! Don’t Miss an Episode of Pensacola Business Radio

BRXStudioCoversBIRMINGHAM

Wait! Don’t Miss an Episode of Birmingham Business Radio

BRXStudioCoversTALLAHASSEE

Wait! Don’t Miss an Episode of Tallahassee Business Radio

BRXStudioCoversRALEIGH

Wait! Don’t Miss an Episode of Raleigh Business Radio

BRXStudioCoversRICHMONDNoWhite

Wait! Don’t Miss an Episode of Richmond Business Radio

BRXStudioCoversNASHVILLENoWhite

Wait! Don’t Miss an Episode of Nashville Business Radio

BRXStudioCoversDETROIT

Wait! Don’t Miss an Episode of Detroit Business Radio

BRXStudioCoversSTLOUIS

Wait! Don’t Miss an Episode of St. Louis Business Radio

BRXStudioCoversCOLUMBUS-small

Wait! Don’t Miss an Episode of Columbus Business Radio

Coachthecoach-08-08

Wait! Don’t Miss an Episode of Coach the Coach

BRXStudioCoversBAYAREA

Wait! Don’t Miss an Episode of Bay Area Business Radio

BRXStudioCoversCHICAGO

Wait! Don’t Miss an Episode of Chicago Business Radio

Wait! Don’t Miss an Episode of Atlanta Business Radio