Rashad Bilal spent twelve years as a commission-only financial advisor. Troy Millings taught phys ed. They met as extras on a movie set at 12 and 14, and started filming financial literacy in Troy’s classroom to help Rashad find clients.
Today Invest Fest draws 30,000 people a day in Atlanta, up from 4,400. There is a New York Times bestseller, a 10,000-member paid community and an Africa division. When the Times covered the event at 20,000 people, the story it ran was about Joe Biden.
They tell Ian Schwartzman why they stopped chasing podcast rankings and built an institution instead.
Timestamps
0:00 Why money conversations stayed behind closed doors
1:14 They met as extras on a movie set
2:21 Why best friends since middle school went into business
3:54 Twelve years as a commission-only financial advisor
5:09 Troy was a teacher. Rashad was the risk taker.
6:18 From a viral 50 Cent clip to a show people demanded
10:33 What the education system doesn’t teach
11:47 They had no expectation of making money from it
13:08 Comments from Tokyo and Kuwait, read during class
14:27 The thing they wish had moved faster
15:45 The pressure of giving advice people act on
18:21 Invest Fest: 4,400 people to 30,000 a day
20:24 Why a 30,000-person event goes uncovered
21:53 The New York Times came and wrote about Biden
26:02 The glass ceiling, and finding an alternative
27:53 We were never trying to be the biggest podcast
30:07 How they want the legacy read
32:35 The collectible card
#EarnYourLeisure #InvestFest #FinancialLiteracy #BuiltDifferent #YahooFinance
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