Speaker 1: I'm planning oiling around. This is the seventy seven WABC
Speaker 1: Mini Cast. My next guest is a longtime friend. He
Speaker 1: is the founder and the ce former CEO of the
Speaker 1: Illinois Policy Institute, which was one of the leading state
Speaker 1: think tanks in the country promoting proeconomic growth policies. He
Speaker 1: has a new project, among many that he works on
Speaker 1: that I've gotten so excited about. I became a member
Speaker 1: of his advisory board. It's called the Hall of Giants,
Speaker 1: and this is going to be well. John will describe it.
Speaker 1: But I've always believed that we do not celebrate the
Speaker 1: great entrepreneurs of this country, from Ben Franklin through Henry
Speaker 1: Ford to John d. Rockefeller to Bill Gates to now
Speaker 1: Elon Musk, the people who have built this country and
Speaker 1: made it great. And John wants to start a new
Speaker 1: program that he's going to tell you about. So John,
Speaker 1: thanks so much for a winning.
Speaker 2: Steve great to be with you, and everybody should sign
Speaker 2: up for the Daily Update of Unleashed Prosperity because it's
Speaker 2: a must read. Every morning. You get the best stuff there.
Speaker 1: I know you read it, so thank you very much.
Speaker 1: We get a lot of smart people read it. Folks
Speaker 1: so you should be reading it too. Okay, So you
Speaker 1: called me, I don't know, three to six months ago
Speaker 1: and told me about this new project. I've always been
Speaker 1: one who has been so I've talked about this all
Speaker 1: the time on my show. This whole idea of this
Speaker 1: mythology that's in all the history books of the Robber Bearns,
Speaker 1: that people built the railroads and built the steel plants
Speaker 1: and the coal mines and the automobiles and the technology
Speaker 1: industry have been denigrated as villains, when of course they
Speaker 1: are some of the greatest people and so much of
Speaker 1: the invention in innovation came from the United States. We
Speaker 1: should celebrate these people, and you want to do exactly that.
Speaker 2: Yeah, it's kind of amazing, Steve, when you think about it.
Speaker 2: We have a Hall of fame for just about everything,
Speaker 2: every sport you can think of, baseball, football, basketball, swimming,
Speaker 2: of fames for burlesque dancers, tow truck drivers, and just
Speaker 2: about everything. But there is no hall of fame celebrating
Speaker 2: America's great entrepreneurs who've made their lives better and the.
Speaker 1: Unformunate Joan, I mean, the Smithsonian Institute does not have
Speaker 1: a Hall of Giants for the for the great entrepreneurs incredible.
Speaker 2: No, they actually don't, and in fact, they denigrate them.
Speaker 2: And that's one of the things that's one of the
Speaker 2: inspirations for this is people denigrating success. It's denigrating merit.
Speaker 2: And let's just remember Steve. I know you know this,
Speaker 2: but let's just repeat it because it needs repeating in society.
Speaker 2: Is the way the Steve Jobs or Elon Musk or
Speaker 2: Henry Ford or Cornelo Svanderbilt, the way they became successful
Speaker 2: was by serving other people. Well, nobody held a gun
Speaker 2: to their customer's head. They put a product out there
Speaker 2: or a service out there and said, here's my product
Speaker 2: or service. If you give me some money, I'll give
Speaker 2: you this great train ride. I'll give you a steamship ride.
Speaker 2: I'll give you perising to light your home instead of
Speaker 2: expensive candles or whale oil which is really tough on
Speaker 2: the whales and the and the people said, yeah, I
Speaker 2: like these services you're providing me, and I'll give you
Speaker 2: money for that. And the miracle of America, and I
Speaker 2: do think America is a miracle, is that we believe
Speaker 2: in persuasion and consent, and we are entrepreneurs put products
Speaker 2: and services out there and they persuade people that hey,
Speaker 2: I've got a really really good table or glassware or cutlery,
Speaker 2: or a new app on your phone that I think
Speaker 2: you might like, and if you like it, you choose
Speaker 2: to use it. And persuasion works, and consent is the
Speaker 2: way is the currency of it, and then they become successful.
Speaker 2: You know, everybody loves the entrepreneurs steve when they're mortgage
Speaker 2: to the hilt. They're in their base and not wonder
Speaker 2: they're going to make their next mortgage payment or the
Speaker 2: next payroll. But God forbid you make it to the
Speaker 2: penthouse and you're flying out of private jat. You've become
Speaker 2: an enemy to people, and this is wrong. We should
Speaker 2: celebrate the success of these folks. And many of them
Speaker 2: fail niney times before they have successful and some who
Speaker 2: do achieve the penthouse go backwards and have failures, and
Speaker 2: we should celebrate the journey of the entrepreneurial matter where
Speaker 2: they are on journey.
Speaker 1: That's true. So the statistics show very clearly they're about
Speaker 1: one out of three or one out of four businesses
Speaker 1: that are started fail. I've I've started businesses that have
Speaker 1: failed too, and it's it's not it's a it's a
Speaker 1: terrible feeling when you put your life into something that
Speaker 1: doesn't work. But those are the people who really, you know,
Speaker 1: if if weren't for the entrepreneurs, we would not be
Speaker 1: a rich country. And and so this is very important, folks.
Speaker 1: I mean, now, Ben Ben frank are you going to
Speaker 1: go all the way back to the beginning of our
Speaker 1: country and talk about the Ben Franklins and all the
Speaker 1: way through the you know, the Steve Jobs and the
Speaker 1: you know, Elon Musk. It's a whole history of the
Speaker 1: great entrepreneurs.
Speaker 2: Yeah, exactly what we're going to do. We're going to
Speaker 2: use seventeen seventy six of kind of our demarcation line,
Speaker 2: and we're going to celebrate Ben Franklin and Sam Adams
Speaker 2: and all the rest of them for that gred time.
Speaker 2: Paul Revere was a great entrepreneur. Even George Washington was
Speaker 2: a great entrepreneur. One of my favorite subject matters.
Speaker 1: Who was the one John who was who is the
Speaker 1: one I've been blanking on his name? Who was essentially
Speaker 1: financed the re Solutionary War Bank.
Speaker 2: My god, I know exactly who you're talking.
Speaker 1: I'm going to look that up. I'm going to have
Speaker 1: any Could you look that up for us, because people said, oh,
Speaker 1: he's a Robert Berry, he's a profiteer. He wasn't a
Speaker 1: war profiteer. We wouldn't have won the Revolutionary War without him.
Speaker 1: So we're going to look up. But anyway, I'm sorry
Speaker 1: he did interrupt you.
Speaker 2: No, No, it's great. So we're building a twentre and
Speaker 2: fifty thousand square foot facility. We're down to five Morris.
Speaker 1: Robert Morris.
Speaker 2: That's it, Robert Morris. We would not have America if
Speaker 2: not for Robert Morris, and Robert Morris would not have
Speaker 2: had the money to finance the revolution, if not for
Speaker 2: the fact that he built businesses that serve people well,
Speaker 2: one of the lost aspects of the revolutions.
Speaker 1: I want to make sure that John, in fact, that
Speaker 1: you add Robert Morris to your list of great American entrepreneurs. Okay, oh,
Speaker 1: he will.
Speaker 2: Be on our list. We have a whole exhibit dedicated
Speaker 2: to the founders because we think I think that the
Speaker 2: founding of this country is one of the great entrepreneurial
Speaker 2: efforts in the history of the world, and all think
Speaker 2: about it was entrepreneur burial to create a country where
Speaker 2: you own the right to your labor. The hidden point
Speaker 2: of the founding is in why seventeen seventy six is
Speaker 2: so important, is what had happened in the colonies where
Speaker 2: they had their They're operating somewhat independently of the Crown
Speaker 2: in Great Britain, they controlled and owned their labor. The
Speaker 2: colonies were richer than Great Britain was the average people
Speaker 2: in America had more wealth and more personal prosperity than
Speaker 2: the people in Great Britain where the crown, where the
Speaker 2: Imperial city was in London. And that's why they wanted
Speaker 2: their independence, because the Crown was trying to take away
Speaker 2: their right to the fruits of their labor. And that's
Speaker 2: what this country was founded on, is that you, as
Speaker 2: an individual should have the right to the fruits of
Speaker 2: your labor. That's the essence of the founding, and so
Speaker 2: had been so miraculous.
Speaker 1: We only have a couple of minutes left, so quick first,
Speaker 1: you know, and by the way, we're going to have
Speaker 1: John on pretty regularly on the show to give us
Speaker 1: updates at what's going on. So basically, this is going
Speaker 1: to be a sort of a museum that you're going
Speaker 1: to build. It will be in Orlando, and how do
Speaker 1: people find out more information about the Hall of Giants.
Speaker 2: Hallogiants dot org is our website. We're down to five
Speaker 2: cities where in the next few months we're going to
Speaker 2: make a decision Orlando, Miami, Atlanta, Nashville, and Dallas Fort
Speaker 2: Worth where in the southern state visits. Also, we want
Speaker 2: to have a Frankly, we do want to have a
Speaker 2: place where there's a friendly climate from a.
Speaker 1: Head yes, exactly, a good.
Speaker 2: Tourism fine tel and we want to have outdoor warm
Speaker 2: weather most of the year. And so looking at all
Speaker 2: those locations and I'll come back and tell you when
Speaker 2: we finally make the decisions to where we're going to go.
Speaker 1: And so do you Go to Hallogiants dot com.
Speaker 2: Dot org, Hallgiants dot org and you can sign up.
Speaker 2: If people want to become a founding giant, it can
Speaker 2: learn how to do that and become part of the
Speaker 2: team that builds one of the great new American institutions.
Speaker 2: There'll be a hybrid s feed between a hall of fame,
Speaker 2: a museum, and an amusement park. We're going to have
Speaker 2: great rides, there will be highly entertain entertaining and tell
Speaker 2: you the story of how we built all the amazing
Speaker 2: things from railroads to cars and gennaplanes and rocket ships
Speaker 2: that land.
Speaker 1: And oh I love it. I love it well, John,
Speaker 1: this is the stuff that is not taught in our schools.
Speaker 1: It's a shame, isn't it. And so go to Hall
Speaker 1: of Giants dot com, folks, sign up, and come dot
Speaker 1: org dot org and get get involved, folks. Okay, we
Speaker 1: got to take a break, John, I want you on
Speaker 1: in the next couple of weeks to keep giving us updates.
Speaker 1: This is the More Money Show and we'll be right
Speaker 1: back