EP.23 - The Fear of the Pivot ft. Nate Rose
Nate Rose is not your average rap artist. Hailing from Nashville, Tennessee, Nate Rose is a hip-hop artist & creative mogul often referred to as the "James Bond" of rap for his debonair demeanor and emphasis on intellect. He has a diverse background ranging from business finance to digital media marketing and production, and is the recent owner of a new production company, 12 Bishop, with co-owner David Piersaul.
His emphasis on intellect and financial success is reflected in his music, where he often raps about stocks, bonds, and financial freedom through prudent investing. It’s also reflected in his fan culture, where he has created his own NYSE Stock Abbreviation for his community of supporters! As Nate puts it, he wants his fans to think of themselves more as “investors”, and it’s his personal mission to have to most financially wealthy fanbase among rap artists!
In this episode, we discuss fear in the context of “the pivot”. The term “pivot” has become a buzzword referring to a significant business change -- ranging from mild to dramatic. A pivot is usually intended to help a business recover from a tough period, or survive after experiencing new competition or other factors that make the original business model unsustainable. COVID-19 has helped us all realize how we might need to pivot our business models and practices, especially those of us like myself and Nate who are self-employed entrepreneurs. Nate also shares some prudent financial advice with us, and emphasizes how this time in isolation and staying at home is the best time to not only reflect on your choice of vocation, but figure out what your next step will be in adjusting to “the new normal” in this post-COVID world.