yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

$26k Cash Grant For Your Business? Mr. Wonderful on Tucker Carlson Today


3m read
·Nov 7, 2024

Kevin O'Leary is one of the most successful, certainly one of the most famous investors and businessmen around. Because he's a TV star in addition to a businessman, he's on Shark Tank and has been for 15 years. We talked to him for a brand new episode of Tucker Carlson Today. Here's part of it, and it's a great segue into another conversation that I think is going to interest you a lot.

The government in 2020, all of those programs to put money into the economy, yes, helicopter money, are being debated now. Were they too rough shot? Were they too fast? Were there not enough rules? PPP came. You remember PPP very well, administered by the banks. So you could just call your bank, and if you qualified, which most small businesses did—and small businesses are defined by five to five hundred people—that’s one measure of them, and they represent 62 percent of our economy. They are the essence of the American economy, and so it was a good reason to try and save them.

And they announced another program, and I didn't even know about this. I learned about it through this mandate we're doing in North Dakota. When Treasury funded these North Dakota Venture Fund, they also funded something else called the Employment Retention Credit. It's based off your W-2. So if you had employees in 2020 or 2021, you can get up to 26,000 cash per employee. Not as a loan, as a one-time grant, but not like PPP because PPP was administered by the banks.

You have a bank account for your business; you need to apply. It's a very arduous, difficult process for this. The program itself is 170 pages long, so nobody applied. Because when they originally brought it out, they said pick PPP or the Employment Retention Credit, so-called ERC, but you only get one. So everybody went PPP. The pandemic gets worse; it's now 2021; it's a total collapse. Every business is shutting down. They change the law to say both; you can apply for both.

So if you're a business, the government spent billions of dollars back in 2020 or 2021. It's sitting there; it's already gone, already spent—the program's already done. In fact, the program's going to end in 25 months, and they’re waiting for you to pick up the cash—your cash. It's yours.

It's like you left your car in a parking lot; you got to go pick it up now. And nobody's ever heard of this program. So I got approached to be a paid spokesman for this and said, "Why can't you get the word out to America?" I said, first of all, I don't believe it. I would know about this if anybody would know about this program. With all the companies I have, I would know about this.

And they said, "You don't know about it; you've never heard of it." I even talked to governors I’m working with; they'd never heard of it. Nobody's heard of it. You've never heard of it? Son of a gun, it's real; it's there.

And so the first thing I did is I called all my CEOs and said, "Have you ever heard of this?" None of them had. I said, "I want everybody on board. I want this application in there because now we're paying up to 30 percent usury loans because rates have gone up so high for small businesses." I realized we needed some real horsepower to process this stuff by the hundreds of applications.

So I set up this thing called the Wonder Trust. Anybody can go to it, whatevertrust.com. I'll take you right to an expert, and you can get your money. I am on a mission to get to every company in America to learn about this program before it ends in 25 months.

This is, if you're a small business, you know how tough factoring is now. You know how hard it is to get money for equity. This isn’t a loan; it's a grant for your business. You got it back in 2020 or 2021. Go get it! Just go to wondertrust.com. I'm your advocate; go get it.

Imagine if you have 50 employees—that's half a million bucks. You got 100 employees; that’s a million one cash. Now you’ve never heard of that. Money's already spent, already gone—government already granted it. So it has no effect on the federal budget if you take the money. No, you can’t; it's done; it's over. And if you don't apply in the next 25 months, you'll never get it.

Interesting, interesting perspective. Kevin O'Leary, that conversation with Fox Nation right now.

More Articles

View All
Protecting Leopards From Human & Wildlife Conflicts | National Geographic
[Music] We are very privileged to be able to work together and we make a great team. These days that we want to kill one another, Malice is really passionate about animals. [Music] On the other hand, I look at the scientific side of things. Do you have a …
Text Messaging Helps Elephants and People Coexist | National Geographic
You know India has the highest number of Asian elephants, and there are millions of people living very close to or within the elephant landscapes. Between 1994 and 2015, 41 people lost their lives in direct encounters with elephants because people didn’t …
The 10th and 14th Amendments in relation to federal and state powers
What we’re going to do in this video is talk a little bit more about federal powers versus state powers. As we’ve mentioned in other videos, this is a very relevant topic because even today you’ll have Supreme Court decisions being decided based on citing…
This just cost me $100,000 ...
What’s up you guys? It’s Graham here. So, it’s been about two weeks since I posted an update on the status of the home renovation, and yeah, geez! This is the episode that I’m sure everyone has been waiting for. Remember how I mentioned in the first vide…
15 Hidden Behaviors of Incredibly Successful People
True success whisperers and incredibly successful people keep their actions private. These are 15 hidden behaviors only the truly successful do. Welcome to Alux. First stop: silent observation. Now, success stories often attribute victories to relentless…
Storytelling on Steroids: Quick Cuts and Relentless Editing #Shorts
Videos feature nauseatingly quick cuts and rapid-fire text, and they’re always trying to hook you with forced uncertainties, making you wonder what will happen next or how something will play out. Most media works this way, but this is storytelling on ste…