Inflation just spiked to a whopping 9.1%, its highest level in 40 years, even after multiple Federal Reserve rate hikes. Gasoline is double of what it was during the Trump Presidency. Housing costs are sky-high for both renters and homeowners. Helping us makes sense of the current financial mess is our guest, Steve Beaman, CEO of Elevare Club, a provider of services to small businesses.
Q&A:
- The Federal Reserve raised interest rates multiple times with more significant single hikes than usual, yet we still see inflation. Why is that?
- The Fed has signaled that they intend to continue raising rates. Do you think they will increase the hikes, perhaps to 75 or even 100 basis points?
- What did the government do wrong that caused our current inflation problem?
- What can the average family or small business owner do to survive and thrive during these challenging times?
- Tell us about Elevare Club, your holding company for a group of service firms helping small businesses across the country. Answer: Small businesses account for 44% of U.S. economic activity, yet only 50% remain in business after five years. The Elevare Club was created to help small businesses to avoid failure and create a roadmap to success by being the single resource center for the entire business lifecycle.
- Where may we get more information on what we discussed and your services? Answer: www.ElevareClub.com
Steve Beaman is a self-made millionaire who sunk to the depths of financial despair and rose back up to the heights of economic prosperity. Having enjoyed years of a happy marriage to falling into the depths of divorce, destruction, and despair, Steve has seen it all. Steve worked at Wharton Econometrics, Zacks Investment Research, and the E.F. Hutton Company. A founding partner of the Wall Street firm Chicago Investment Analytics, Steve sold the firm to Charles Schwab in 2000. Currently, Steve is CEO of Elevare Club, a holding company for a group of companies providing services for small businesses, including the capital, payment processing, accounting, legal, advertising, and even help in hiring. Steve is a licensed scuba diver, a private pilot, and the father of six children.
CONTACT: To schedule an interview with Steve Beaman, call Jerry McGlothlin at 919-437-0001 or email jerry@specialguests.com
