Financial Tip: The goal is to generate enough income from investments to replace employment income.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Steve Selengut. Also known as The Income Coach. Here's a detailed summary of the episode: 🎙️ Guest: Steve Selengut Veteran private investment manager with over 40 years of experience. Author of Retirement Money Secrets, his second book. Focuses on helping people achieve income independence through smart investing. Runs an educational income investing community. 📘 About the Book: Retirement Money Secrets Written as a conversational story about a couple on a river cruise who learn about a different approach to retirement investing. Emphasizes common sense financial strategies over complex jargon. Focuses on closed-end funds as a key investment tool. 💡 Key Concepts Discussed 🔒 Closed-End Funds (CEFs) One of the oldest investment vehicles, dating back to the 1800s. Structured as pass-through trusts that must return 95% of earnings to shareholders. Focused on income generation rather than capital appreciation. Can invest in stocks, bonds, mutual funds, and ETFs. 🔥 FIRE Movement Stands for Financial Independence, Retire Early. Steve aligns more with generating sustainable income than early retirement per se. 🎯 Income Independence The goal is to generate enough income from investments to replace employment income. Allows flexibility to retire, start a business, or pursue other passions. 🛡️ The Four Risk Minimizers Quality: Invest only in what you understand and in companies with a proven track record. Diversification: Spread investments across sectors, geographies, and management firms. Income: Only invest in securities that pay dividends or interest. Profit-Taking Discipline: Set target profits (e.g., 5%) and sell when reached, reinvesting gains. 💬 Common Sense Investing Tips Buy stocks in companies you use or understand (e.g., Home Depot, Apple, Chipotle). Use tools like Yahoo Finance or CEFConnect.com to research dividend history and fund performance. Avoid speculative or zero-income investments. Treat your portfolio like a retail store—sell when profitable and restock wisely. 🌐 Connect with Steve Selengut Available on Facebook and LinkedIn. Offers access to an educational investing community with 450+ members. Book includes full contact details and resources. #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
11 Joulu 27min
Changing Stereotypes: African American man partners with eight small, organic tea-growing families in Kyushu, Japan.
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed James Green. Purpose of the Interview The interview aimed to showcase James Green’s entrepreneurial journey as the founder of KyuTeaCo (Kyushu Tea Company), a premium tea brand focused on curating authentic Japanese tea experiences. It highlighted his unique position as an African-American entrepreneur bridging cultures, his passion for tea, and his mission to educate consumers about tea’s health benefits and heritage. Key Takeaways Background & Inspiration James Green grew up in Atlanta, studied international business and Japanese, and lived in Japan for five years. His passion for tea began during a high school exchange program in Fukuoka, Japan, and deepened through cultural immersion. Business Model KyuTeaCo partners with eight small, organic tea-growing families in Kyushu, Japan. Direct-to-consumer and B2B approach: e-commerce platform launching soon, plus partnerships with cafes. Simplified supply chain: Farmers → Kuti Co → Customer (eliminates middlemen, ensures fair pay for farmers). Mission & Differentiation Focus on storytelling and cultural connection, not just selling tea. Educates consumers on tea’s health benefits (e.g., reducing hypertension and diabetes risks). Premium curated experience vs. mass-market tea brands. Challenges & Lessons Kickstarter campaign failed due to lack of collaborators and marketing reach. Learned importance of storytelling and emotional connection for crowdfunding success. Social Impact “11% for Good” Program: 11% of every sale goes to sustainability efforts for Japanese tea farming. Name significance: “11” in Japanese sounds like “ii,” meaning “good.” Future Plans Launching e-commerce in January. Exploring subscription models and virtual tea tastings. Goal: Build a brand that consumers care about through cultural education and premium experiences. Notable Quotes On launching a business:“I’m learning now more than anything, just launch it. Just go. You’ll build it brick by brick, day by day.” On cultural connection:“We’re not just selling tea; we’re telling the stories of Kyushu and these families. It’s about legacy and sustainability.” On social impact:“Every bag of tea someone buys, 11% goes toward rehabilitating the Japanese tea industry. We’re investing in their futures.” On entrepreneurship:“Anybody can sell a product. What we’re doing is creating an experience and educating people about the culture behind it.” #SHMS #STRAW #BESTSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
11 Joulu 33min
FULL SHOW: Prison Surf & Turf, Strawberry Letter: I'm Not Going This Year - 12.10.25
The Steve Harvey Morning Show for Wednesday, December 10th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Jezebel Spirit" | Ask The CLO | Entertainment News | Jasmine Crockett For Senate | Woman Drives 3 Hours To Confront Racist | Nephew Tommy's Prank - "NBA Party" | Strawberry Letter - "I'm Not Going This Year" Parts 1-2 | Junior's Sports Talk | Social Media Advice | Busta Rhymes | Would You Rather | Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
10 Joulu 1h 32min
FULL SHOW: Cash For Christmas, Strawberry Letter: He Doesn't Know Me In Public - 12.09.25
The Steve Harvey Morning Show for Tuesday, December 9th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "No Anchovies" | Ask The CLO | Entertainment News | Cinnabon Karen | Cash For Christmas | Nephew Tommy's Prank - "Jezebel Spirit" | Strawberry Letter - "He Doesn't Know Me In Public" Parts 1-2 | Junior's Sports Talk | Social Media Advice | Waymo | Would You Rather | Show Close - Christmas Travel PlansSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
9 Joulu 1h 32min
FULL SHOW: Sista O'Dell, Strawberry Letter: I Know My Man's Hands - 12.08.25
The Steve Harvey Morning Show for Monday, December 8th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Re-Dipped" | Ask The CLO | Entertainment News | Met Gala 2026 Theme | Sista O'Dell | Nephew Tommy's Prank - "No Anchovies" | Strawberry Letter - "I Know My Man's Hands" Parts 1-2 | Junior's Sports Talk | Social Media Advice | Green Monday | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
8 Joulu 1h 32min
Introducing: The Ripple Effect with Jenna Kim Jones
Ripple Effect is your weekly reminder that HEY! It’s not all bad out there! Hosted by comedian Jenna Kim Jones, the show spotlights true stories of everyday people turning simple ideas into serious help—a neighbor rebuilding after disaster, a kid launching a community project, volunteers transforming a moment into a movement. Expect laughs, a few tears, and one clear, doable action you can take after every episode. If you’re looking for proof that goodness still works—and practical ways to pass it on. Hit follow and start your own ripple. Let’s make some waves, together.Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
6 Joulu 1min
FULL SHOW: Michael Jordan's Yacht, Strawberry Letter: Went Under Cover & Ended Up Under The Covers - 12.05.25
The Steve Harvey Morning Show for Friday, December 5th, 2025: Steve Harvey's Morning Inspiration | Show Open | Nephew Tommy's Run That Prank Back - "Booty Drop" | Ask The CLO | Entertainment News | Michael Jordan & The Yacht | Roscoe Wallace | Nephew Tommy's Prank - "Re-Dipped" | Strawberry Letter - "Went Under Cover & Ended Up Under The Covers" Parts 1-2 | Junior's Sports Talk - Pimpin's NFL Picks | Social Media Advice | Comfort Food Day | Would You Rather | Steve Harvey's Closing RemarksSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.
5 Joulu 1h 32min
