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<v Speaker 1>I'm planning oiling around. This is the seventy seven WABC

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<v Speaker 1>Mini Cast. My next guest is a longtime friend. He

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<v Speaker 1>is the founder and the ce former CEO of the

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<v Speaker 1>Illinois Policy Institute, which was one of the leading state

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<v Speaker 1>think tanks in the country promoting proeconomic growth policies. He

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<v Speaker 1>has a new project, among many that he works on

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<v Speaker 1>that I've gotten so excited about. I became a member

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<v Speaker 1>of his advisory board. It's called the Hall of Giants,

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<v Speaker 1>and this is going to be well. John will describe it.

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<v Speaker 1>But I've always believed that we do not celebrate the

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<v Speaker 1>great entrepreneurs of this country, from Ben Franklin through Henry

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<v Speaker 1>Ford to John d. Rockefeller to Bill Gates to now

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<v Speaker 1>Elon Musk, the people who have built this country and

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<v Speaker 1>made it great. And John wants to start a new

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<v Speaker 1>program that he's going to tell you about. So John,

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<v Speaker 1>thanks so much for a winning.

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<v Speaker 2>Steve great to be with you, and everybody should sign

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<v Speaker 2>up for the Daily Update of Unleashed Prosperity because it's

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<v Speaker 2>a must read. Every morning. You get the best stuff there.

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<v Speaker 1>I know you read it, so thank you very much.

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<v Speaker 1>We get a lot of smart people read it. Folks

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<v Speaker 1>so you should be reading it too. Okay, So you

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<v Speaker 1>called me, I don't know, three to six months ago

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<v Speaker 1>and told me about this new project. I've always been

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<v Speaker 1>one who has been so I've talked about this all

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<v Speaker 1>the time on my show. This whole idea of this

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<v Speaker 1>mythology that's in all the history books of the Robber Bearns,

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<v Speaker 1>that people built the railroads and built the steel plants

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<v Speaker 1>and the coal mines and the automobiles and the technology

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<v Speaker 1>industry have been denigrated as villains, when of course they

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<v Speaker 1>are some of the greatest people and so much of

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<v Speaker 1>the invention in innovation came from the United States. We

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<v Speaker 1>should celebrate these people, and you want to do exactly that.

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<v Speaker 2>Yeah, it's kind of amazing, Steve, when you think about it.

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<v Speaker 2>We have a Hall of fame for just about everything,

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<v Speaker 2>every sport you can think of, baseball, football, basketball, swimming,

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<v Speaker 2>of fames for burlesque dancers, tow truck drivers, and just

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<v Speaker 2>about everything. But there is no hall of fame celebrating

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<v Speaker 2>America's great entrepreneurs who've made their lives better and the.

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<v Speaker 1>Unformunate Joan, I mean, the Smithsonian Institute does not have

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<v Speaker 1>a Hall of Giants for the for the great entrepreneurs incredible.

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<v Speaker 2>No, they actually don't, and in fact, they denigrate them.

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<v Speaker 2>And that's one of the things that's one of the

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<v Speaker 2>inspirations for this is people denigrating success. It's denigrating merit.

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<v Speaker 2>And let's just remember Steve. I know you know this,

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<v Speaker 2>but let's just repeat it because it needs repeating in society.

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<v Speaker 2>Is the way the Steve Jobs or Elon Musk or

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<v Speaker 2>Henry Ford or Cornelo Svanderbilt, the way they became successful

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<v Speaker 2>was by serving other people. Well, nobody held a gun

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<v Speaker 2>to their customer's head. They put a product out there

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<v Speaker 2>or a service out there and said, here's my product

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<v Speaker 2>or service. If you give me some money, I'll give

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<v Speaker 2>you this great train ride. I'll give you a steamship ride.

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<v Speaker 2>I'll give you perising to light your home instead of

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<v Speaker 2>expensive candles or whale oil which is really tough on

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<v Speaker 2>the whales and the and the people said, yeah, I

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<v Speaker 2>like these services you're providing me, and I'll give you

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<v Speaker 2>money for that. And the miracle of America, and I

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<v Speaker 2>do think America is a miracle, is that we believe

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<v Speaker 2>in persuasion and consent, and we are entrepreneurs put products

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<v Speaker 2>and services out there and they persuade people that hey,

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<v Speaker 2>I've got a really really good table or glassware or cutlery,

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<v Speaker 2>or a new app on your phone that I think

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<v Speaker 2>you might like, and if you like it, you choose

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<v Speaker 2>to use it. And persuasion works, and consent is the

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<v Speaker 2>way is the currency of it, and then they become successful.

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<v Speaker 2>You know, everybody loves the entrepreneurs steve when they're mortgage

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<v Speaker 2>to the hilt. They're in their base and not wonder

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<v Speaker 2>they're going to make their next mortgage payment or the

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<v Speaker 2>next payroll. But God forbid you make it to the

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<v Speaker 2>penthouse and you're flying out of private jat. You've become

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<v Speaker 2>an enemy to people, and this is wrong. We should

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<v Speaker 2>celebrate the success of these folks. And many of them

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<v Speaker 2>fail niney times before they have successful and some who

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<v Speaker 2>do achieve the penthouse go backwards and have failures, and

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<v Speaker 2>we should celebrate the journey of the entrepreneurial matter where

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<v Speaker 2>they are on journey.

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<v Speaker 1>That's true. So the statistics show very clearly they're about

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<v Speaker 1>one out of three or one out of four businesses

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<v Speaker 1>that are started fail. I've I've started businesses that have

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<v Speaker 1>failed too, and it's it's not it's a it's a

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<v Speaker 1>terrible feeling when you put your life into something that

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<v Speaker 1>doesn't work. But those are the people who really, you know,

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<v Speaker 1>if if weren't for the entrepreneurs, we would not be

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<v Speaker 1>a rich country. And and so this is very important, folks.

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<v Speaker 1>I mean, now, Ben Ben frank are you going to

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<v Speaker 1>go all the way back to the beginning of our

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<v Speaker 1>country and talk about the Ben Franklins and all the

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<v Speaker 1>way through the you know, the Steve Jobs and the

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<v Speaker 1>you know, Elon Musk. It's a whole history of the

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<v Speaker 1>great entrepreneurs.

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<v Speaker 2>Yeah, exactly what we're going to do. We're going to

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<v Speaker 2>use seventeen seventy six of kind of our demarcation line,

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<v Speaker 2>and we're going to celebrate Ben Franklin and Sam Adams

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<v Speaker 2>and all the rest of them for that gred time.

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<v Speaker 2>Paul Revere was a great entrepreneur. Even George Washington was

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<v Speaker 2>a great entrepreneur. One of my favorite subject matters.

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<v Speaker 1>Who was the one John who was who is the

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<v Speaker 1>one I've been blanking on his name? Who was essentially

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<v Speaker 1>financed the re Solutionary War Bank.

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<v Speaker 2>My god, I know exactly who you're talking.

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<v Speaker 1>I'm going to look that up. I'm going to have

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<v Speaker 1>any Could you look that up for us, because people said, oh,

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<v Speaker 1>he's a Robert Berry, he's a profiteer. He wasn't a

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<v Speaker 1>war profiteer. We wouldn't have won the Revolutionary War without him.

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<v Speaker 1>So we're going to look up. But anyway, I'm sorry

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<v Speaker 1>he did interrupt you.

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<v Speaker 2>No, No, it's great. So we're building a twentre and

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<v Speaker 2>fifty thousand square foot facility. We're down to five Morris.

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<v Speaker 1>Robert Morris.

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<v Speaker 2>That's it, Robert Morris. We would not have America if

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<v Speaker 2>not for Robert Morris, and Robert Morris would not have

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<v Speaker 2>had the money to finance the revolution, if not for

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<v Speaker 2>the fact that he built businesses that serve people well,

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<v Speaker 2>one of the lost aspects of the revolutions.

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<v Speaker 1>I want to make sure that John, in fact, that

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<v Speaker 1>you add Robert Morris to your list of great American entrepreneurs. Okay, oh,

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<v Speaker 1>he will.

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<v Speaker 2>Be on our list. We have a whole exhibit dedicated

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<v Speaker 2>to the founders because we think I think that the

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<v Speaker 2>founding of this country is one of the great entrepreneurial

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<v Speaker 2>efforts in the history of the world, and all think

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<v Speaker 2>about it was entrepreneur burial to create a country where

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<v Speaker 2>you own the right to your labor. The hidden point

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<v Speaker 2>of the founding is in why seventeen seventy six is

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<v Speaker 2>so important, is what had happened in the colonies where

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<v Speaker 2>they had their They're operating somewhat independently of the Crown

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<v Speaker 2>in Great Britain, they controlled and owned their labor. The

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<v Speaker 2>colonies were richer than Great Britain was the average people

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<v Speaker 2>in America had more wealth and more personal prosperity than

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<v Speaker 2>the people in Great Britain where the crown, where the

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<v Speaker 2>Imperial city was in London. And that's why they wanted

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<v Speaker 2>their independence, because the Crown was trying to take away

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<v Speaker 2>their right to the fruits of their labor. And that's

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<v Speaker 2>what this country was founded on, is that you, as

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<v Speaker 2>an individual should have the right to the fruits of

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<v Speaker 2>your labor. That's the essence of the founding, and so

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<v Speaker 2>had been so miraculous.

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<v Speaker 1>We only have a couple of minutes left, so quick first,

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<v Speaker 1>you know, and by the way, we're going to have

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<v Speaker 1>John on pretty regularly on the show to give us

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<v Speaker 1>updates at what's going on. So basically, this is going

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<v Speaker 1>to be a sort of a museum that you're going

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<v Speaker 1>to build. It will be in Orlando, and how do

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<v Speaker 1>people find out more information about the Hall of Giants.

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<v Speaker 2>Hallogiants dot org is our website. We're down to five

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<v Speaker 2>cities where in the next few months we're going to

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<v Speaker 2>make a decision Orlando, Miami, Atlanta, Nashville, and Dallas Fort

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<v Speaker 2>Worth where in the southern state visits. Also, we want

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<v Speaker 2>to have a Frankly, we do want to have a

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<v Speaker 2>place where there's a friendly climate from a.

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<v Speaker 1>Head yes, exactly, a good.

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<v Speaker 2>Tourism fine tel and we want to have outdoor warm

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<v Speaker 2>weather most of the year. And so looking at all

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<v Speaker 2>those locations and I'll come back and tell you when

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<v Speaker 2>we finally make the decisions to where we're going to go.

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<v Speaker 1>And so do you Go to Hallogiants dot com.

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<v Speaker 2>Dot org, Hallgiants dot org and you can sign up.

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<v Speaker 2>If people want to become a founding giant, it can

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<v Speaker 2>learn how to do that and become part of the

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<v Speaker 2>team that builds one of the great new American institutions.

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<v Speaker 2>There'll be a hybrid s feed between a hall of fame,

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<v Speaker 2>a museum, and an amusement park. We're going to have

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<v Speaker 2>great rides, there will be highly entertain entertaining and tell

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<v Speaker 2>you the story of how we built all the amazing

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<v Speaker 2>things from railroads to cars and gennaplanes and rocket ships

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<v Speaker 2>that land.

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<v Speaker 1>And oh I love it. I love it well, John,

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<v Speaker 1>this is the stuff that is not taught in our schools.

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<v Speaker 1>It's a shame, isn't it. And so go to Hall

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<v Speaker 1>of Giants dot com, folks, sign up, and come dot

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<v Speaker 1>org dot org and get get involved, folks. Okay, we

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<v Speaker 1>got to take a break, John, I want you on

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<v Speaker 1>in the next couple of weeks to keep giving us updates.

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<v Speaker 1>This is the More Money Show and we'll be right

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<v Speaker 1>back