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In this episode, we sit down with Bobby Shell to discuss the two major ongoing wealth transfers\u2014bitcoin and small to medium-sized businesses (SMBs). Bobby discusses his history growing a number of SMBs, and he explains how bitcoin holders may be well positioned to begin operating a small-medium business with their newfound wealth. Last, we discuss the impact of bitcoin on corporations, SMBs, and the individual, and how a bitcoin standard will likely lead to more localized entrepreneurial activity and fewer mega-corporations.

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TIMESTAMPS:

00:00:00 Intro

00:01:10 Bobby\u2019s history helping build SMBs and Voltage

00:03:33 Two major wealth transfers\u2014bitcoin and SMBs

00:07:45 Bitcoin holders acquiring SMBs

00:12:16 Buying bitcoin vs buying an SMB

00:16:24 Holding bitcoin and using SBA loans

00:19:25 Which SMB to build?

00:21:11 Private equity rolling up local businesses

00:25:00 Entrepreneurship from early wealthy bitcoiners

00:28:26 AI and new technology in SMBs

00:30:34 Will bitcoin create more opportunities for local entrepreneurs?

00:40:25 Does bitcoin bring power from the corporation back to the individual?

00:47:45 Closing thoughts

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\u2192 Bobby Shell\u2019s Twitter: https://twitter.com/iBobbyShell

\u2192 Joe Burnett\u2019s Twitter: https://twitter.com/IIICapital