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    39: Vanderpump Rules’ Lala Kent on Being a Badass Financially Independent B*tch

    enFebruary 07, 2022

    Podcast Summary

    • Embracing individuality leads to successStaying true to oneself despite societal pressure and adversity can lead to personal and professional achievements

      Being true to oneself and refusing to conform to societal expectations can lead to great personal and professional success. La La Kent, a media personality known from Bravo's Vanderpump Rules, shares how her unconventional upbringing in Salt Lake City and experiences of being bullied led her to embrace her individuality. She shares how she defied the opinions of others and decided to live her life on her own terms, which ultimately catapulted her into the limelight. From a young age, La La had a strong sense of self, as evidenced by her modeling career and financial independence. Her story serves as a reminder that staying true to oneself, even in the face of adversity, can lead to great rewards.

    • From humble beginnings to financial independenceDetermination, hustle, and belief in oneself can lead to financial independence despite early struggles and setbacks.

      Determination and hustle can lead to financial independence, even in the face of early struggles and setbacks. The speaker, who had a clear vision of becoming an actress from a young age, worked hard to make it happen, even when opportunities were scarce in her small hometown. She saved her money, made sacrifices, and eventually moved to Los Angeles at age 23 to pursue her dreams. Although the initial experience was not what she expected, she trusted in her abilities and continued to grind it out, eventually finding success in unexpected ways. Her story serves as a reminder that the first steps towards building a career or empire often require courage, resilience, and a strong belief in oneself.

    • Navigating the Challenges of the Entertainment IndustryThe entertainment industry is competitive, with long odds for success, but those who persist and respect their peers can form bonds. Talent alone doesn't guarantee success, and everyone's journey is unique.

      The entertainment industry, particularly acting and hosting, can be extremely challenging and competitive, with long odds for success. The industry attracts countless aspiring artists, leading to intense competition, both locally and globally, through digital auditions. Rejection is common, and it can take a toll on one's mental health. Despite the challenges, those who persist and respect their fellow artists' dedication often form bonds based on shared experiences. Some individuals seem to have an edge due to networking or being in the right place at the right time, making the competition feel even more daunting. However, it's essential to remember that talent alone doesn't guarantee success, and everyone's journey is unique.

    • From Hostess to Reality TV StarStarting in reality TV may require additional jobs, but embracing the unique path and adapting to the industry can lead to significant income and success.

      Entering the world of reality TV can be a life-changing moment, even if it wasn't initially the goal. For La La Kent, her encounter with Lisa Vanderpump at SIR led to a hostess job and eventually a role on "Vanderpump Rules." However, she admits that she didn't fully understand the impact of social media on the industry at the time. While there may have been a stereotype against reality TV stars in the acting world, La La has found success by embracing her unique path and adapting to the ever-changing entertainment landscape. It's important to note that when starting out, reality TV stars may need to take on additional roles, such as hostessing or waiting tables, to make ends meet. But as they gain more recognition, they can potentially earn significant income as a reality television personality.

    • Negotiation and Prioritization in Entertainment IndustryIn the entertainment industry, personal brand and viewer feedback impact negotiation processes. Confrontation can lead to growth, but context matters. Prioritize personal and professional growth, aligning values and objectives with career choices.

      Negotiation and prioritization are crucial elements in any career, especially in the entertainment industry. The value of a person in the eyes of themselves and others, such as feedback from viewers or social media following, determines the negotiation process season to season. Success is not solely based on likability or length of time on the show, but also on how one's personal brands are affected. When it comes to confrontation, it's important to consider the potential impact on personal and professional growth, but also to understand the unique context of each situation. For instance, confrontation may be rewarded in some industries, like entertainment, while it may be feared in others, like accounting. Ultimately, it's essential to prioritize personal and professional growth, ensuring that one's values and objectives align with their career choices.

    • Staying true to oneself and audience in reality TVAuthenticity and engagement on social media can inspire and connect with audiences, leading to increased support and success in reality TV.

      Understanding the value you bring and the expectations of your audience, whether in reality TV or any other field, is crucial for success. La La Vanderpump, a reality TV star, emphasizes the importance of staying true to oneself and not letting trolls affect your actions or attitude, especially when they're not contributing financially. Social media plays a significant role in growing a brand and connecting with fans, providing a platform for authenticity and engagement. By sharing real experiences and building a bond with followers, individuals can inspire and connect with their audience, leading to increased engagement and support. La La's success is a testament to the power of authenticity and the importance of staying true to oneself and one's audience.

    • Staying true to yourself and your brand is crucial for social media successEngagement, not just following count, is what truly matters for monetization in social media. Small, engaged followings can lead to significant success for small businesses.

      Maintaining authenticity and engagement with your audience, regardless of the platform or following size, is crucial for success in social media. The speaker emphasized the importance of staying true to herself and her brand, rather than changing her content to appeal to a larger audience. She also highlighted that engagement, not just following count, is what truly matters for monetization in social media. The speaker shared her personal experience with social media, expressing her struggles with managing multiple platforms and her focus on Instagram. She acknowledged the misconception that a large following automatically leads to more income, but instead, it's the level of engagement that determines the financial potential. For small businesses, even a small and engaged following can lead to significant success. The speaker also shared her pride in managing her finances wisely, crediting her upbringing and hiring a business manager for her success.

    • Emphasizing Financial Independence for Women's Growth and SecurityInvest, save, create a business, set financial goals, be independent, and teach financial literacy to secure a stable financial future.

      Financial independence is crucial for personal growth and security, especially for women. The reality TV star emphasized the importance of investing, saving, and creating a business to secure a stable financial future. She advised setting financial goals, being independent, and advocated for women to take control of their finances, even in relationships. She also shared her experience of saving since a young age and encouraged mothers to teach their daughters financial literacy. The discussion highlighted the significance of financial independence and the importance of taking charge of one's financial situation.

    • Financial independence and self-care are keys to escaping toxic relationshipsLa La's podcast inspires financial literacy and self-care, leading to successful tours and fan connections.

      Financial literacy and self-care are crucial for women to achieve independence and avoid toxic relationships. The speaker, La La, shares her personal experience of escaping a toxic situation and the importance of being financially prepared. She also emphasizes the impact of her podcast, which provides inspiration and a sense of reality to listeners, leading to its success and upcoming tour at large venues. The tour aims to create a bonded atmosphere where fans can interact with La La and feel inspired, providing an epic night out to release stress and enjoyment.

    • Emphasizing the importance of saving for a rainy day using La La Kent's personal experienceThe envelope trick, where a portion of every paycheck is saved untouched, can help individuals navigate financial uncertainties and prepare for unexpected expenses in today's volatile economy.

      La La Kent, a successful entrepreneur, actress, and media personality, emphasizes the importance of saving for a rainy day. She shared her personal experience of using the envelope trick, where a portion of every paycheck is saved untouched. This simple yet effective method can help individuals navigate financial uncertainties, especially in today's volatile economy. La La's inspiring story of determination and resilience, from her early days as a 12-year-old entrepreneur to her current successes, highlights the importance of financial preparedness. To learn more about La La and her various ventures, follow her on Instagram (@la_la_kent), TikTok (@give_them_la_la), or listen to her podcast, "The Give Them La La Podcast."

    • The Power of Perseverance and HustleSuccess often comes after countless attempts and a strong work ethic. International perception of reality stars is changing, and staying true to your goals is crucial.

      Determination and hustle pay off, even at a young age. The interviewee, who is a successful actress, shared her experience of auditioning for thousands of roles before getting a part and the importance of having a strong work ethic. She also discussed the changing perception of reality TV stars internationally and her own experience of grinding from a young age to afford a BMW. While her advice on buying a BMW was to have the cash if possible, she acknowledged the current low interest rates making financing a good option. Another interesting point was the shift in the perception of reality stars in some countries, where they are now considered A-list celebrities. Overall, the conversation highlighted the importance of perseverance, adaptability, and staying true to one's goals.

    • Consider financing a car purchase over leasing during uncertain economic timesIncreasing interest rates and car appreciation make financing a better option than leasing, especially for in-demand models. Leaseholders may profitably buy out their leases.

      During these uncertain economic times, financing a car purchase might be a better option than leasing due to increasing interest rates and the current trend of cars appreciating in value instead of depreciating. This is particularly true for highly demanded models like a G Wagon. Additionally, if you currently have a car lease, you may have the option to buy it out at a profit due to the market conditions. A car dealer or owner could provide valuable insights when negotiating at a dealership. And finally, everyone has that one person who leaves them starstruck. For me, it was meeting Tiger Woods and Mark Wahlberg.

    • Meeting Celebrities: Staying Grounded and InspiredMeeting celebrities can be inspiring, but it's important to stay true to oneself and appreciate their generosity and wisdom.

      Celebrity encounters can be surprising and memorable, and it's important to stay grounded and true to oneself. The speaker shared a story about meeting Mark Wahlberg, who was shorter than expected but incredibly fit and generous. He brought expensive wine in a suitcase to a happy hour, and the speaker was starstruck. The speaker also recalled being starstruck as a teenager when they met hockey legend Mario Lemieux. They expressed confidence in their ability to connect with Justin Bieber if they ever met him. The speaker admired La La Kent's perspective on motherhood and personal finances during an interview. Kent emphasized the importance of teaching children financial literacy and being prepared for unexpected circumstances. The speaker appreciated how Kent shared her wisdom and approach to life, which they found inspiring for anyone in the business or entrepreneurial world. The speaker also cautioned against engaging in unnecessary conflict, as it can add value and success, but not in a destructive or horrendous way, as seen with some reality TV personalities.

    • La La Kent's Business Savvy and SuspicionsLa La Kent's business acumen and confidence inspire, but suspicions of her authenticity fuel debate. Camera presence in personal moments raises questions, yet her independent wealth and spirit remain intriguing. Ratings for this season are slower than expected, and the group plans to explore this trend further.

      La La Kent from Vanderpump Rules is a savvy businesswoman who uses her intelligence and spice to drive ratings and success. However, there have been suspicions raised about her authenticity on the show, with evidence suggesting she may be a producer plant. Scenes like the one with a camera beside her bed while she listens in on conversations have fueled these theories. Despite this, La La's independent spirit and self-made wealth make her an inspiring figure. Another intriguing observation from the discussion is the slower-than-anticipated following for this season of the show. The group plans to delve deeper into this phenomenon. Overall, La La's business acumen and confidence are valuable lessons for all, and the group encourages listeners to join their networking community for more insights.

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    Trading Secrets
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    172. More Than Money: Jason and David break down the Kyle Cooke Episode!

    172. More Than Money:  Jason and David break down the Kyle Cooke Episode!
    This week, Jason is joined by the Curious Canadian David Arduin to break down the Kyle Cooke episode!

    Jason and David dive in to why they think that Kyle felt comfortable coming on to Trading Secrets to talk about the drama and using business facts over gossip, how Kyle showed a different side of himself on the episode, what a vesting period is and what it means for a company, what current ratio is, the different kinds of SBA loans, how they think the drama will impact the businesses, navigating business with friends and family, and playing devil's advocate.

    It’s an episode you can’t afford to miss! 

    Host: Jason Tartick
    Co-Host: David Arduin
    Audio: John Gurney

    Stay connected with the Trading Secrets Podcast! 
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    Trading Secrets
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    171. Bravo’s Kyle Cooke on navigating hard lessons when friendship and love meets business, importance of transparency, landing a $4.2M SBA loan, and the truths behind entrepreneurship

    171. Bravo’s Kyle Cooke on navigating hard lessons when friendship and love meets business, importance of transparency, landing a $4.2M SBA loan, and the truths behind entrepreneurship
    This week, Jason is joined by reality TV personality and entrepreneur Kyle Cooke for the second time! 

    Kyle was last on the show two years ago to talk about his sparkling hard teas and canned cocktail company Loverboy in addition to his experience being on Bravo’s hit show, Summer House. In more recent news, Kyle has been in the hot seat for some recent drama regarding his friend and Summer House co-star Craig Conover partnering with a competing brand of Loverboy. Kyle gives insight to the conflict between Loverboy and competitor Spritz Society on Watch What Happens Live, what he would do differently looking back in hindsight, the behind-the-scenes of the business of Loverboy, how he found out about the collaboration from Craig and the conversation they had, the importance of honesty and transparency, and how the situation is more gossip than an actual business case. Kyle also reveals what really goes into entrepreneurship, qualifying for an SBA loan worth millions, clearing up the truth and falses between business and pop culture, and how he balances his relationship and his business. Who has equity in the business? How much did he raise initially? 

    Kyle reveals all that and so much more in another episode you can’t afford to miss! 

    Host: Jason Tartick
    Co-Host: David Arduin
    Audio: John Gurney
    Guests: Kyle Cooke

    Stay connected with the Trading Secrets Podcast! 
    Instagram: @tradingsecretspodcast 
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    Trading Secrets Steals & Deals!
    Monarch Money:
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    Trading Secrets
    enJune 03, 2024

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