74 episodes

On The Edge Podcast. A weekly, edgy conversation at the intersection of business, politics, and economics. With an occasional drag queen.

On The Edge Podcast with Scott Groves Scott Groves

    • Society & Culture
    • 5.0 • 4 Ratings

On The Edge Podcast. A weekly, edgy conversation at the intersection of business, politics, and economics. With an occasional drag queen.

    [Audio Quicktakes] The Guns N Roses Podcast - Episode 43

    [Audio Quicktakes] The Guns N Roses Podcast - Episode 43

    This week our guest is Jason Porrath, who has an amazing podcast called '50 First Gigs' where he chronicles the beginnings of Guns n Roses!

    Who is Mark Canter? Mark was the “Angel Investor” for Guns n Roses, aka the first roadie, the first investor, the first photographer, and in a way the first fan. Without Mark Canter, there wouldn’t be a Guns n Roses. The way he first connected with Slash is a classic gnr story.

    Mark Canter took a ton of pictures and video of Guns n Roses, and they have sat in storage until very recently. Because of the 50 First Gigs Podcast and Reckless Road book, they are finally being seen by the fans. Mark trusted Jason with this process of bringing this valuable content to the public.

     We discuss the beginnings of the book and how it evolved into the project that exists today.

    Why was Los Angeles the epicenter of music in the 1980’s? It seems that punk, classic rock, hair metal, new wave, hip hop, rap, and several other genres were centered on the Sunset Strip and other parts of Los Angeles. Why was this happening, and why specifically in Los Angeles? What role did KROQ play in all of this?

    A discussion about Axel Rose and his road to releasing Chinese Democracy with his newly formed ‘Guns n Roses’ band. We talk about the changes the band went through, especially regarding Axel Rose and Slash.

    Guns n Roses still has a grip on fans today, old and new, and we discuss why that might be. There are fans in their teenage years as well as lifelong fans, and very few bands still have that influence.

    The book originally released was an ‘enhanced book,’ which was part of the reason the book was able to get published in the first place. With today’s prevalence of Podcasts, we are given the opportunity to have a new era of learning the bands history.

    Jason’s original vision was to have a Netflix style documentary, however it was going to be impossible to get the music rights for it. We discuss the production and story that Jason wants to tell with the series.

    How did it all come together to tell this story of Guns n Roses origins? As of now, the podcast isn’t making any money, so it was a matter of finding fans to come together and volunteer to build it. This also helped because Jason was able to make sure the content they were creating was content that the fans wanted. Jason tells the story of how this all came together, what content he had to build from, and where it all came from.

    Scott asks if the 2005 interviews from Guns n Roses still exist. We learn about them, and what their role will be in the 50 First Gigs Podcast.

    Right now, the podcast is only available on Patreon. The reason for that is because it needs to be funded by the fans. It’s not about making money, it’s about funding the project in the first place.

    What is compelling you to create this history of Guns n Roses? Why is it so important to provide this information for the fans?

    • 22 min
    The Guns N Roses Podcast - Episode 43

    The Guns N Roses Podcast - Episode 43

    This week our guest is Jason Porrath, who has an amazing podcast called '50 First Gigs' where he chronicles the beginnings of Guns n Roses!  

    2:16 - Who is Mark Canter? Mark was the “Angel Investor” for Guns n Roses, aka the first roadie, the first investor, the first photographer, and in a way the first fan. Without Mark Canter, there wouldn’t be a Guns n Roses. The way he first connected with Slash is a classic gnr story.   

    11:30 - Mark Canter took a ton of pictures and video of Guns n Roses, and they have sat in storage until very recently. Because of the 50 First Gigs Podcast and Reckless Road book, they are finally being seen by the fans. Mark trusted Jason with this process of bringing this valuable content to the public.   

    22:05 - We discuss the beginnings of the book and how it evolved into the project that exists today.   

    31:30 - Why was Los Angeles the epicenter of music in the 1980’s? It seems that punk, classic rock, hair metal, new wave, hip hop, rap, and several other genres were centered on the Sunset Strip and other parts of Los Angeles. Why was this happening, and why specifically in Los Angeles? What role did KROQ play in all of this?   

    39:55 - A discussion about Axel Rose and his road to releasing Chinese Democracy with his newly formed ‘Guns n Roses’ band. We talk about the changes the band went through, especially regarding Axel Rose and Slash.   

    47:45 - Guns n Roses still has a grip on fans today, old and new, and we discuss why that might be. There are fans in their teenage years as well as lifelong fans, and very few bands still have that influence.   

    50:00 - The book originally released was an ‘enhanced book,’ which was part of the reason the book was able to get published in the first place. With today’s prevalence of Podcasts, we are given the opportunity to have a new era of learning the bands history.   

    56:30 - Jason’s original vision was to have a Netflix style documentary, however it was going to be impossible to get the music rights for it. We discuss the production and story that Jason wants to tell with the series.   

    1:17:00 - How did it all come together to tell this story of Guns n Roses origins? As of now, the podcast isn’t making any money, so it was a matter of finding fans to come together and volunteer to build it. This also helped because Jason was able to make sure the content they were creating was content that the fans wanted. Jason tells the story of how this all came together, what content he had to build from, and where it all came from.  

    1:24:30 - Scott asks if the 2005 interviews from Guns n Roses still exist. We learn about them, and what their role will be in the 50 First Gigs Podcast.   

    1:27:00 - Right now, the podcast is only available on Patreon. The reason for that is because it needs to be funded by the fans. It’s not about making money, it’s about funding the project in the first place.   

    1:30:00 - What is compelling you to create this history of Guns n Roses? Why is it so important to provide this information for the fans?

    • 1 hr 46 min
    [Audio Quicktakes] What Is A Property Syndicate

    [Audio Quicktakes] What Is A Property Syndicate

    This is an abbreviated version of our full podcast, also available here!

    Today we’re talking with Property Syndicate Manager Andrew Cushman! Join us for this enlightening conversation on a method of investing that few people even consider, instead going with the classic forms of investment via stocks or real estate purchases.

    1:00 - What is a property syndicate? How is this different from just buying some real estate and going from there? What is your role as the ‘leader’ of the syndicate?

    4:50 - What are some of the key differences with closing on a $50 Million property? Is it different than closing on a ‘normal priced’ property? We get some pretty crazy answers and numbers here!

    8:00 - How do you know that you’re under-contract for the right properties? These are huge investments, how are you sure that they aren’t going to go south?

    13:00 - What’s the #1 disqualifies that you see on these large purchases?

    28:30 - Why is the sponsor, or the ‘who’ so important? What does cash-flow have to do with a purchase or what the books look like. What role does management play in the value of a property?

    34:00 - On the $50 Million property investment, what kind of jump in value did you see? Was there a jump at all? Did the rent increase at all? How do you actually get the added value in the property?

    39:00 - What about the investors? What kind of interest or dividends do you see projected for your clients?

    43:30 - What is the ‘black swan’ event that can cause returns to diminish on these property investments? What are the ramifications for large scale loss potentials? For example, this last year the federal government allowed people to not pay rent. Did this affect the way you operate your business? Is it actually be better to be part of a syndicate in this situation or just a single property owner?

    51:50 - How many properties do you manage? Is this a situation where an investor can just provide the money and ‘set it and forget it?’ What work is required by the investors?

    55:00 - Why is there hesitation in going into a property syndicate versus investing in the stock market? Do property syndicates have a bad reputation? Why is the stock market seemingly preferred when you do a bit of research?

    1:03:30 - Have you ever lost money in your investments? What’s the worst syndicate you’ve been involved with?

    1:08:14 - What is your plan for the next economy downturn? It will happen eventually, is property syndication sustainable through a downturn?

    1:19:30 - What is the minimum for an investor to join your syndicate? How about minimum net worth or income to be considered for joining? What is a 506-B? What is a 506-C?

    1:23:50 - What’s up with the Evergrande real estate problem with the Chinese Government? Does it have any reprocuctions here in the USA? What do you think will happen with that?

    • 25 min
    What Is A Property Syndicate?

    What Is A Property Syndicate?

    Today we’re talking with Property Syndicate Manager Andrew Cushman! Join us for this enlightening conversation on a method of investing that few people even consider, instead going with the classic forms of investment via stocks or real estate purchases.

    1:00 - What is a property syndicate? How is this different from just buying some real estate and going from there? What is your role as the ‘leader’ of the syndicate?

    4:50 - What are some of the key differences with closing on a $50 Million property? Is it different than closing on a ‘normal priced’ property? We get some pretty crazy answers and numbers here!

    8:00 - How do you know that you’re under-contract for the right properties? These are huge investments, how are you sure that they aren’t going to go south?

    13:00 - What’s the #1 disqualifies that you see on these large purchases?

    28:30 - Why is the sponsor, or the ‘who’ so important? What does cash-flow have to do with a purchase or what the books look like. What role does management play in the value of a property?

    34:00 - On the $50 Million property investment, what kind of jump in value did you see? Was there a jump at all? Did the rent increase at all? How do you actually get the added value in the property?

    39:00 - What about the investors? What kind of interest or dividends do you see projected for your clients?

    43:30 - What is the ‘black swan’ event that can cause returns to diminish on these property investments? What are the ramifications for large scale loss potentials? For example, this last year the federal government allowed people to not pay rent. Did this affect the way you operate your business? Is it actually be better to be part of a syndicate in this situation or just a single property owner?

    51:50 - How many properties do you manage? Is this a situation where an investor can just provide the money and ‘set it and forget it?’ What work is required by the investors?

    55:00 - Why is there hesitation in going into a property syndicate versus investing in the stock market? Do property syndicates have a bad reputation? Why is the stock market seemingly preferred when you do a bit of research?

    1:03:30 - Have you ever lost money in your investments? What’s the worst syndicate you’ve been involved with?

    1:08:14 - What is your plan for the next economy downturn? It will happen eventually, is property syndication sustainable through a downturn?

    1:19:30 - What is the minimum for an investor to join your syndicate? How about minimum net worth or income to be considered for joining? What is a 506-B? What is a 506-C?

    1:23:50 - What’s up with the Evergrande real estate problem with the Chinese Government? Does it have any reprocuctions here in the USA? What do you think will happen with that?

    • 1 hr 32 min
    This Week In Media - Scott's Thoughts - OTE Podcast Episode 41

    This Week In Media - Scott's Thoughts - OTE Podcast Episode 41

    It’s time for Scott’s Thoughts!

    2:06 - Let’s go over some of the current events that have at least interested me. First off I wanted to say that I think it’s cool that it seems Americans are on the rebound as US Household wealth has appeared to rise to record highs in the 2nd quarter of 2021. This doesn’t seem to be reported on much, as most of the news focuses on those that unfortunately have not experienced the wealth as much as others.

    10:30 - I’ve been organizing my ‘desktop’ on the computer my entire life. I found an article about how Google has effectively killed the folders and organization because searching has become so common now. There’s a screenshot in the article you can’t miss showing a desktop that would literally kill me.

    14:50 - Disney’s Flight of the Navigator is being remade by the Mandalorian Director Bryce Dallas Howard. All I really want to say about these Disney remakes is, I don’t understand why all of the movies from our childhood need to change the lead character to a strong female. I think it would be much cooler if the children of our generation have role models to follow in new and original stories. That way we can share some memories together about something new.

    20:35 - I’ve been reading a lot of uncomfortable books that I’m probably not allowed to list in these notes, but one that’s gained my attention is called The Tragedy of the Commons. The idea is that if something is available for everyone, you should utilize as much of it as possible to better yourself, to a fault. Everybody else should as well, which ultimately leads to depletion of resources. This is an ongoing scholastic debate that’s been talked about for at least the last 50 years. Anyway, it turns out that he was apparently a racist, among some other faults, so naturally, people are questioning everything he studied in the first place. Naturally, his faults as a human make him completely un-trustworthy and now all of his research is being disputed. Why? Why can’t we focus on his contributions to the world while recognizing his faults instead of cancelling everything?

    Our friend Jumane talked about this in a previous On The Edge episode that can be found here: https://youtu.be/Tk3ppc9Kqfo

    33:34 - Time to talk about Biden! I’m starting with the debt ceiling issue going around, and don’t get me wrong. I think the Republicans are completely hypocritical saying they’re the party of being conservative while they spend like drunken sailors. At least the Democrats admit to what they’re doing. And what they’re doing this week is attempting to restructure tax rates to include more Americans. They are even calling people that make over $600K “millionaires,” which, if you’ve passed 3rd grade math, you know is incorrect. I feel that if everything they want to pass this week does, this number will creep lower and lower.

    I think the corporate tax rate should be 0 dollars. As a corporation, you are already taxed quite a bit, from paying out employees, to product purchases, and other reasons. The current administration wants to raise corporate taxes by 7% but do you think these corporations are going to just take a 7% hit? No, their prices will go up by at LEAST 7%. Welcome to one of the main causes of inflation. Additionally, who can’t afford a 7% increase in the cost of goods? Here’s a hint…it’s the same people the administration is trying to ‘help’ by raising taxes.

    55:40- There is a proposal for the federal government to be able to audit mobile money transfer apps that have more than $600 in transfers per year. $600! This is pretty much anybody that uses these services. This is potentially huge for privacy laws here in the USA. If this actually passes, where does the evolution end up? With your actual bank account? Why not, right? Why does the government even need to know where I spend my money? Why do they care?

    • 1 hr 24 min
    An Interview With Scott Groves - What Drives Me

    An Interview With Scott Groves - What Drives Me

    So this week will be a little different. I sat down for an interview a couple years ago with Mike Eaton about my motivation for being a coach, to recap my thoughts on the mortgage business, and to look into my crystal ball and see what 2020 and 2021 would bring in the business and mortgage worlds. Was I right?  

    I wanted to do something special for our 40th episode and I can't think of a better way than to let you all get to know me a little better.   If you'd like to learn more about what drives me to be a coach and succeed at what I do, then light up a cigar and join me for this great interview!

    • 2 hr 26 min

Customer Reviews

5.0 out of 5
4 Ratings

4 Ratings

Mario Mazz ,

You got to listen

My new favorite podcast. Scott talks about important too s and need to talked about but does it in a fun and entertaining way. Way to go man!

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