Need another episode?
- Phrase the questions in abstract, without focusing on the specific guest. Make it relevant for anyone not familiar with this podcast.
For example, instead of asking "How did Jake learn to ride a bike," change that question to "How can I learn to ride a bike?" and give an answer from this episode, as if it was a statement, "To learn to ride a bike, you have to ... A-B-C...etc.".
- Consider gender neutrality when possible. Instead of writing "He is extending his feelings onto his partner," write "they are extending their feelings..."
- When marking a question start time, put the marker at the end of a question s.t. if a listener starts to play the segment, it starts to play right from the beginning of the answer.
- If the host asks a question, and the guest answers a completely different question, then write down the question which was answered, not the one asked by the host. The goal is to enable listeners to get instant and efficient value out of the notes.
How did Shaka Senghor make a name for himself?
After leaving a penitentiary after two decades of being locked up, Shaka started by selling his own books out of the trunk of his car. He knocked on doors and share shared his vision. Lots of hustle and some luck later, he is now a New York Times best selling author.
What is the $400 problem?
According to Ram Palianappan, the CEO and founder of Earnin, 40% of the people in America cannot find $400 in their bank account when they need it.
Unlike it might sound, this is not just a problem for the unemployed, but for people who are employed and getting paid, but simply need money off-cycle with their paycheck.
When someone's living paycheck-to-paycheck, and need money on Wednesday but the pay is only arriving on Friday, they are forced to seek other options, like aggressive Pay-Day loans and bank overdraft fees.
Earning is a project that came out of Ram's desire to fix this pay cycle discrepancy for his employees by enabling anyone to get paycheck funds whenever they need them.
How is Earnin able to help people with their medical bills?
Half of the bankruptcies in this country are now due to medical bills because even people who have insurance, might be unable to pay the high deductibles. At a click of a button Earnin is able to provide patients a payment plan, and sometimes a lower bill and/or some financial aid.
Editor's note: If you'd like to read more about how medical bills can wreck a life, take a look at this episode: To get paid, hospitals get creative.
How do we introduce new technology to the masses?
When the old system, like pay-day loans, is broken, people tend to stay away from anything new that tries to replace it, for the fear that new system is going to be even worse. However, technology tends to make our lives better, and it is important to show that more value lies in trying new approaches, however skeptical one might be about them.
If you are a founder of a company that is trying to sell a revolutionary new approach, you just have to knock on doors, share your vision and sell your product. You gotta hustle!
Why is Earnin able to provide flexible play at no cost when others charge outrageous fees?
Earnin is using the smart phone to analyze whether their users are actually working or not, and therefore able to trust their users to pay the money back. Traditional loan businesses have no visibility like that and therefore have to charge very high fees to pad their loses.