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Profit and Laws Podcast
44 minutes | Jul 14, 2015
Conversation with Charles W. Grimes
July 14, 2015 Charles W. Grimes is an intellectual property lawyer who’s been in the business for forty-one years. He went to college to become an engineer, but then quickly realized that he was going to be bored in that field, so he decided to go to law school to become a patent attorney instead. In this episode, Coco and Charles discuss how he got started as a lawyer and the ways in which he’s been able to help entrepreneurs navigate the treacherous waters of starting and running a business. Then, they discuss the entertainment industry and some of the ways artists and musicians can make money in spite of rampant piracy and online streaming. You can find this episode of Profit and Laws on the Whatever It Takes Network.
24 minutes | Jun 23, 2015
How to Make it as a Musician
June 23, 2015 At one time or another, most of us have dreamed of being a rockstar. The thrill of entertaining and being loved by thousands, the money, the lifestyle… What’s not to love? In this episode, Christian “Opus” Lawrence tells us what it’s really like to to be an artist. The joys, the challenges and, of course, figuring out how to make money in the age of piracy and social media. Then, Coco takes you inside the office of one of Chicago’s premier entertainment lawyers, Linda Mensch, who talks about how to be successful as a musician in today’s climate. You won’t want to miss it. You can find this episode of Profit and Laws on the Whatever It Takes Network.
24 minutes | Jun 8, 2015
Solve People’s Problems
June 8, 2015 Figuring out how to reduce instances of employee theft is a common problem that all retail managers must engage at one time or another. For many it may be a daily occurrence. As with any problem, there are myriad ways of solving it, some better than others. Unfortunately, it seems that at least two major retail chains have implemented the policy of forbidding cashiers to manually input an item’s price if its barcode won’t scan. In practice, this policy can mean longer lines for the customer and decreased sales for the company. It also strips workers of their dignity, lowering them to the level of common criminals, scrutinized in their every movement. It makes you wonder what would happen if businesses treated their employees with respect and paid them a livable wage. What effect would that have on employee theft? Studies show that higher wages can lead to a decrease in employee theft through increased loyalty and employee engagement. Then, stick around for Coco’s exclusive interview with Steve Rushing, patent lawyer and co-founder of Patent Monk. Patent Monk is a wonderful innovation in the world of patent research. Their new approach to what a patent search engine should look like and how it should function are great advancements that have the potential to revolutionize the way people look at and search for patents online. You can find this episode of Profit and Laws on the Whatever It Takes Network.
24 minutes | May 29, 2015
The TPP and Skeletons in the Duggar’s Closet
May 29, 2015 You’ve probably been hearing a lot about the Trans-Pacific Partnership (TPP) lately – the latest international free trade agreement between the United States and several nations in the Asia Pacific region. Critics of the trade agreement, such as Democratic Senator Elizabeth Warren, say that “the TPP was negotiated largely in secret, could roll back important financial regulations and would likely give foreign companies ammunition to combat U.S. regulatory policies.” In this episode, Coco discusses the history behind global trade and tariffs in the United States, as well as some of the reasons why she is opposed to this deal. Then, stick around for Coco’s interview with Terri Trespicio, host of Solopreneur on the Whatever It Takes Network, where they discuss branding, the controversy surrounding the recent revelations of molestation and incest in the Duggar family (former stars on TLC’s 19 Kids and Counting) and how the Duggars have betrayed their brand and could have avoided brand destruction long ago. You can find this episode of Profit and Laws on the Whatever It Takes Network.
22 minutes | May 8, 2015
Zeynep Ton and “The Good Jobs Strategy”
May 7, 2015 Today’s guest is Zeynep Ton. Zeynep Ton is a professor at MIT who wrote a groundbreaking book called, The Good Jobs Strategy. In her book, Professor Ton makes the incredibly important argument that you can be a successful business and pay people a very livable wage. She also makes the argument that businesses are more successful when they invest in their employees. This is a powerful concept that could bring about positive change in workers’ lives the world over. Through her work with real businesses, Zeynep Ton is demonstrating to the world that investing in employees is not just good for employees, but it’s good for business, too.
40 minutes | Apr 10, 2015
April 10, 2015 Chicago just re-elected Rahm Emanuel for a second term as mayor, opting for the devil we know (i.e. corrupt and incompetent). Although Emanuel won the majority of votes, this was less about his victory than it was about his opponent, Jesus “Chuy” Garcia’s defeat. Somehow, Rahm has managed to convince enough people that he is competent enough to run a city, despite all the clear indications to the contrary. Listen, as Coco discusses Emanuel’s track record, as well as a run-in she had with one of his supporters on election day. Then, stay tuned to find out how to get paid as a business owner. As surprising as it may sound, a lot of entrepreneurs get pretty weird when it comes to getting paid. Trevor Crane, host of Greatness Quest on the Whatever It Takes Network, calls it getting “freaky deaky” about money. If you find yourself feeling that way about getting paid, you’re not alone. In this episode, find out why being paid in full and on time is so important. Then, get some tips from Trevor Crane about how you can set payment terms strategically to try to increase and maximize sales. Finally, learn how to understand the various components that need to be considered when determining payment terms, and what to look out for before you sign a contract.
24 minutes | Mar 31, 2015
Net Neutrality is about Competition, Not Content
Forget everything you’ve heard about Net Neutrality. Net Neutrality is not about content, it’s about poles. In this episode, listen to Coco explain Net Neutrality in a way you probably haven’t heard before. The FCC’s new rules for the open Internet are much more about fostering competition and taking on the monopoly ISPs, like Comcast and Time Warner, than they are about freedom of speech. Also, don’t miss Coco’s exclusive interview with Nathan Stooke, founder and CEO of Wisper Wireless Internet, where Nathan explains the effects that Net Neutrality may have on his company. Watch the original video on the Whatever It Takes Network. Resources:
36 minutes | Mar 26, 2015
Net Neutrality: It’s all about Competition
March 18, 2015 Forget everything you’ve heard about Net Neutrality. Net Neutrality is not about content, it’s about poles. Your city is so dotted with utility poles you probably even don’t notice them. Those poles are the real reason why the FCC needed to change the rules around the Internet. To understand why, you have to know three things: American Internet service sucks. American Internet service won’t improve until new Internet service entrepreneurs emerge. New Internet service entrepreneurs can’t set up new Internet networks unless we even the playing field. In this episode, listen as Coco explains Net Neutrality in a way you probably haven’t heard before. The FCC’s new rules for the open Internet are much more about fostering competition and taking on the monopoly ISPs, like Comcast and Time Warner, than they are about freedom of speech. Don’t miss Coco’s exclusive interview with Nathan Stooke, founder and CEO of Wisper Wireless Internet, where Nathan explains the effects that Net Neutrality may have on his company.
37 minutes | Feb 23, 2015
Housing First: A Better Way to Fight Chronic Homelessness
February 18, 2015 If you spend time in any American city, you know that the United States has an enormous homeless population. Men, women and children (and sometimes dogs and cats) dot our sidewalks, asking for help or handouts. Some people – like us – believe we should help these people. But, some others believe that helping homeless people is just throwing good money after bad and that they ought to rot in the streets (a view which we find perplexing). But, policy leaders in not so liberal areas are driving a new policy movement called Housing First. It turns out that giving people housing first is both the moral and the cheaper way to help homeless people. Even though politicians intended to cancel funding for homeless services, we continue to spend money on homeless people anyway – at the emergency room, the court house and the jail. As a result, it’s cheaper for us to fund apartments for homeless people than to wait until they show up in crisis. Listen to Coco Soodek Live to hear about the astonishing results of this new policy movement and to listen to people who work with homeless people around the country. P.S. Sorry for the poor sound quality on this episode. It sounds a little muffled, but the content is so good, you won’t want to miss it.
37 minutes | Feb 6, 2015
Tillis, Taxes and the Tale of Sly Stone
February 4, 2015 You may have heard that Thom Tillis, a Republican United States Senator from North Carolina, said that government shouldn’t require restaurant workers to wash their hands after they use the bathroom. I don’t know about you, but I want everyone who touches my food to wash their hands for 20 seconds under the hottest water possible for the full duration of Happy Birthday, but should government mandate it? Absolutely! Find out why. Then, listen to Coco talk about why we should raise taxes on the most wealthy Americans, not as a punishment for their success, but because taxes are the fees that go along with the privilege of using the wonderful ecosystem that we call the United States of America. Taxes are your contribution to replenishing the resources you have used in your pursuit of wealth and success. Finally, Coco tells us the story of how Sly Stone got ripped off by his managers for years, and what we can learn from it. Bottom line: Trust no one to act on your behalf.
24 minutes | Jan 22, 2015
The State of the Union
January 21, 2014 On Tuesday, President Obama gave his 7th and penultimate State of the Union address to Congress. His speech was arguably one of his most progressive and optimistic speeches yet, but, as expected, his ideas and proposals to help average, lower and middle class Americans were met by the Republican outcry we’ve come to know and love over the past several years. Listen, as Coco explains why President Obama’s proposals to help the middle class get a leg up are getting so much heat from conservatives in Congress. Reducing the tax burden on middle class families while modestly raising taxes on the ridiculously wealthy should be a no-brainer, but the Republican-controlled House and Senate will continue to fight tooth and nail to make sure that rich people get richer and working families stay in their pre-ordained places at the bottom. Also, don’t miss Coco’s interview with Dan Goss in the final segment. Dan is a product developer. He makes great products and he understands exactly how things get from the idea stage to the marketplace, and ultimately into your hands.
37 minutes | Jan 8, 2015
You Might be a Racist If…
January 7, 2015 Recent events have once again brought the discussion of race and privilege in America front and center. As a nation, the United States has never done such a great job of fostering an inclusive and just society. From day one, the United States has been a land of inequality and injustice for anyone who wasn’t a white male. Granted, things have certainly improved since the days of slavery and Jim Crow, but we still have a long way to go if we are to prevent senseless hatred, violence and death as in the cases of Trayvon Martin, Michael Brown and Eric Garner. Despite what many would have you believe, we most certainly do not live in a “post-racial” society. Everyone, no matter their race, has prejudices and preconceived notions about others. The desire to live in a “colorblind” society, where race is ignored as if it didn’t exist, is not only misguided and wrong, it’s also impossible and does more to harm race relations than it helps. What we really need to do is to have an open and civilized dialogue with one another. Being open to new ideas and different ways of thinking is what will ultimately bring about real and lasting change in this great nation. Holding on to romanticized memories of a bygone era of “the good ol’ days” is what continues to hold us back. As long as we continue to let fear and hatred govern our actions and decisions, America will continue to remain stagnant.
0 minutes | Dec 25, 2014
Coco’s Christmas Carol Special
Listen to the full episode while you read. Your browser doesn’t support the audio element. Try using Chrome, Firefox or Safari. Intro Today, I’m on a special mission. In honor of the beginning of December and the holiday season I’m talking about Christmas carols today their history their tradition and why they mirror yours and my experience and our heritage. I used to love Christmas carols. I used to hear them and get all excited because it’s that great time. And even though, admittedly, I’m Jewish, I come from one of those weird Jewish families that’s always celebrated Christmas. All the way back to just about the first generation that came over from Germany, my family celebrates Christmas. I’ve always had a Christmas tree, I’ve always had Christmas ornaments, I’ve always woken up excited about Christmas morning. For a little bit in the eighties and nineties I even went to midnight mass. I love Christmas. But there’s something about Christmas carols that makes me cranky and I don’t know why. Don’t get me wrong, some are great, but it’s really hard sometimes to find a Christmas carol that isn’t just a little bit cheesy. So I decided maybe if I looked at them they wouldn’t bug me as much. Where did they come from and what are they saying? I’ve learned something about Christmas carols and it’s this: They completely mirror our history. They’re dance tunes and they’re songs of need and songs of protest; songs of plea and celebration and prayer. They’re also just downright business models in that writing a Christmas tune has sometimes been a very reliable way of earning a living. Deck the Hall Your browser doesn’t support the audio element. Try using Chrome,
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