How Entrepreneurship Builds Stronger Communities

Release date: May 29, 2024
Duration: 37min
Guest(s): Dennis Yellowhorse Jones
Dennis Yellowhorse Jones

Join Robert Kiyosaki, author of "Rich Dad Poor Dad," in this insightful episode of the Rich Dad Radio Show as he interviews Dennis Yellowhorse Jones, a prominent Navajo entrepreneur and president of U-MATE International. Dennis shares his journey from growing up on the Navajo reservation to creating a successful business that not only supports his community but also addresses critical issues like unemployment and economic development.

In this engaging discussion, Dennis reveals how his family's coal mining operations led to the discovery of humate, a mineral with incredible agricultural benefits. He details the challenges and triumphs of bringing this product to market, collaborating with major companies like Dole and Idaho Farms, and expanding its applications from soil remediation to animal feed and even human consumption.

Robert and Dennis also dive into the broader socio-economic issues faced by Native American communities, including the impacts of historical land policies and the ongoing efforts to create sustainable economic opportunities. Dennis's passion for his heritage and his innovative approach to entrepreneurship provide valuable lessons for anyone interested in business, social impact, and indigenous cultures.

Key topics covered:

  • The journey of Dennis Yellowhorse Jones and the founding of UMATE International

  • The economic challenges and opportunities on Native American reservations

  • The discovery and commercial application of humate

  • Collaborations with major agricultural companies

  • The cultural and spiritual significance of land in Native American communities

  • Insights into the future of Native American entrepreneurship

Timestamps

  • 00:00 Introduction

  • 03:18 The Economic Landscape of Navajo Nation and Entrepreneurial Ventures

  • 06:57 The Role of Casinos in Native American Economic Development

  • 08:50 From Gambling Losses to Entrepreneurial Lessons

  • 12:22 Unveiling Humate: A Revolutionary Agricultural Product

  • 23:56 Expanding Horizons: Humate's Diverse Applications and Global Impact

  • 29:06 Addressing Native American Team Names and Cultural Representation


Disclaimer:

The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker’s personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

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