About this Podcast:
Welcome to our podcast, where we delve into the exciting world of entrepreneurship and explore the question: “Why do you want to open your own business?”
If you’ve ever dreamed of being your own boss, pursuing your passions, or making a meaningful impact through your work, this podcast is for you. We’re here to discuss the motivations, challenges, and rewards that come with starting your own business.
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Episode Transcript:
Arnie Abramyan
Hey, guys, aren't you here talking about L.A. politics, baby? What's happening with the new social equity program? Social equity just approved another I believe, 100 licenses. Lottery people won round three. It's not going to be what everybody thinks it is. The March 31st deadline just passed. Whoever had a location and a, you know, local authorization gets to apply for the state license.
00:00:27:13 - 00:00:51:10Arnie Abramyan
And if they didn't, they're probably going to be about a year behind. So social equity applicants are going through a lot. The prices for the licenses dropped during the 3 to 400000 range. Some people are going to re evaluate their options, their partners. And very soon you will see a lot more licenses up for sale or disputes between social equity and investors.
00:00:51:12 - 00:00:53:11Arnie Abramyan
So stay tuned about that.
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