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Published February 7, 2023
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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Hello, Chamber Champions. Welcome to the Chamber Chat Podcast. I’m your host, Brandon Burton. And it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community.

Our title sponsor is Holman Brothers Membership Sales Solutions. Let’s hear from Kris Johnson, President and CEO of the Association of Washington Business in Washington State to learn how Holman Brothers has provided value for him. 

Kris Johnson 0:41
Well, Doug and Bill at the Holman Brothers have been a key ally in growth for my professional career working at three different chambers, a local chamber, a regional chamber, now a statewide chamber. And they’ve been the ideal solution, whether it’s a comprehensive training program, whether it’s working on individual sales growth, quarterly check-ins with the team, the ability to grow members has meaning more assets for the organization, more assets means we can do more things to serve our members. They’ve really been the perfect solution for us, a trusted resource partner and a growth partner for us all along the way. So hats off to Doug and Bill for their great success. They’ll be a great partner for you as they are for us.

Brandon Burton 1:23
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Our guest for this episode is Ronnie Russell. Ronnie is an active duty retired infantry men from the United States Army with 22 years of service. He’s been deployed to Iraq twice and Bosnia once and has been awarded the Bronze Star, the Meritorious Service Medal Joint Service Achievement Medal and numerous Army Commendation Medals. He’s also a former infantry drill sergeant at Fort Benning, Georgia, where he has dedicated countless hours to training American sons. In 2010. Ronnie was nominated for the NAACP Service Award, and was the 32nd, recipient of the blacks and government Award. He is also co founder of the Texas Black Pages, a black business directory that represents 254 counties. He currently serves as the president of the Innovation Black Chamber of Commerce in Greater Fort Hood, Texas area.

Ronnie, I’m excited to have you with us today on Chamber Chat Podcast, I’d love for you to take a moment to say hello to all the chamber champions and share something interesting about yourself so you can get to know you a little bit better.

Ronnie Russell 2:37
So, again, thank you. And I appreciate the platform itself and for everybody to know and understand Cambridge business, dedicated business. So for some time ago, I was trying to figure out, like the why, because the area where we are at the Greater Fort Hood area where we’re dead center between Waco and Austin. But there was no economic representation in the Killeen Fort Hood area. So of course, I’m going out, I’m going to other chambers asking them like, can you bring a satellite chamber in our city? And I did that for a while, but then I was like, like, why am I gonna ask someone to do something that I have the ability to do myself. So I say that to say, programs that your city don’t have created, resources that your city might not have, go out and find it, and bring it into the city. So just keep looking, keep striving keep adjusting, then everything is gonna work out.

Brandon Burton 3:44
And I love that you just took control. And did it reminds me of that quote from Gandhi, you know, to be the change that you want to see in the world. So nobody else is doing it, then, you know, take it on and be the change yourself. So tell us a little bit about the innovation Black Chamber just to give us an idea of, you know, scope of work, the size, the number of members budget, that sort of thing, just to kind of give us an idea and perspective where you’re coming from before we get into our discussion today.

Ronnie Russell 4:15
All right, so the innovation Black Chamber of Commerce was launched in 2019. February 16. Two weeks later, COVID hit so we’re locked in the storm. But we weathered the storm. And that was the great thing about it because at the time, you know, a lot of organ bladder, other organizations, especially the more senior Chamber organizations, they were in in person meetings and meet and greets and whatever it is, but it took time for those to transition into the digital aspect. And we started digital. So because we started digital, we started creating workshops. We started developing new systems from the digital aspect. So we were, like the formalities of how and who we are. As a people, we’ve always gone to in person. But the hybrid is something new. So because we started digital, and now we’re at with the in person, hybrid is a development of pulling people in that haven’t seen faces in a long time, and allowing those who are not comfortable with getting in front of physical, a physical audience to keep them safe. So we develop through that time. We’ve been averaging at least 86 members a year just just growing and expanding and developing. Um, the reason why we’re called the innovation Black Chamber of Commerce, because we didn’t want to get fixed into the constitution and bylaws in restricting us by staying in the city of Killeen, because it allows us to move as fast or as slow and develop and grow into other outlying areas that do not have a demographic representation of a Black Chamber of Commerce. So we have members in Killeen, of course, Fort Hood, Parker, hi, Temple, Belton. We’re out Copperas Cove huddle, Round Rock, Georgetown, because those cities that are major within population, and rich within resources don’t have didn’t have and still don’t have a Black Chamber representation. So it allows us to maneuver in that space. So we’re as fluid as possible without the restrictions of, of the city, or county line. But we’ve grown considerably, I think the first year our budget was only like, honestly, like 25 27,000, because we were we were digital. So it wasn’t that

Brandon Burton 7:03
we didn’t have the rent and everything and all that.

Ronnie Russell 7:07
Correct. So then the budget second year, changed to maybe about 5055. Because now we were buying more things and developing more assets and digital assets as well. I do a lot of stuff. I’m a creative, I built the website, I do all the graphics, I do all of the marketing, I create everything that is needed. Like even the NFT that we develop, I did all the r&d and in bringing that to fruition. So I’m just blessed to have the ability to create where a lot of other chambers who don’t have that, that marketing in house, they have to pay that. And now it’s an expense. I don’t have those expenses of marketing, because I do it myself because I’m social media certified, as well as meta certified as well. My next certification I want Google, but a lot of that stays in house, but we were blessed. And in in the transition into our third year. Now we we I think we, the 990 has data like 108 108,000 hours, okay, and it’s just, it’s just the beginning for me. And knowing what we have. Now we have 251 members, we just we have we got a bank that we just been developing with. And last year, they put in like $2.5 million into our membership with over 750,000 in deposits and transfers into the bank, they just been doing a phenomenal job with helping us out. We’re kind of a hybrid. And I say that to say we have a lot of community engagement, as well as a lot of business development. At the same time, because we have to speak the language of the community by also understanding that we have to advocate for the business community and bring in and pull in those resources at the same time because in our area, we don’t have a CDFI at all. The closest CDFI of people fund and lift fund and Texas mezzanine as well as what’s the other one? I forgot the other one but those CDFIs we don’t have. So I have to go out like now I’m in Austin right now after go out of our way to find the non traditional funding resources and bring them back in into the city so it’s I’m not gonna call it hard work. It’s it’s a worthwhile journey. Yeah, that that I don’t believe how As a final destination, but we will always be reshaping reforming. And we’re going into changing out membership now because, you know, we hit our third year. So we’re bringing in new board members, the the, the original board members, some of them are transitioning up through the advisory board why we bring in new blood membership is changing. Seats, the our EDC is changing seat. So we’re just just growing and developing and reshaping our corps.

Brandon Burton 10:38
That’s awesome. It’s great to have that perspective. Congratulations on year over year doubling your budget. Yeah, hopefully they have clips going in the foreseeable future. So as we have Rodney on the podcast today, we’re going to be focusing our conversation around the utility that chambers can find within NF T’s Ronnie had mentioned to kind of drop that in there as he was talking about it about the chamber that we will dive deeper into that discussion as soon as we get back from this quick break.

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All right, Ronnie, we’re back. So I know I mentioned this to you before we hit record but for everybody listening, the way this kind of developed is I’m part of a small mastermind group of you know, a couple other people that service the chamber industry. And as we were meeting one evening, I was kind of sharing my vision with them of how I see chambers embracing, you know, chambers, the future embracing NFT technology for whether it be for membership or ticket sales or access essentially, a lot of times people think of NF T’s as being you know, eight images and stuff on these blockchain networks. And I think there’s so much more utility to NF T’s that chambers of Congress can really get behind and whenever you look at a an NFT project, they always talk about building a community around that project. And like you know, bingo, you know, lights went off for me and then chambers are all about building communities. So how do we integrate these two chambers of commerce in fts. And while we’re in this mastermind meeting, one of the members of our group did a little Google search for chambers and NFT. And, and Ronnie pops up that the innovation Black Chamber they have incorporated and NFT for ticket sales. So Ronnie, tell us about how that came to be, and how you went about the development of the NF T and maybe a little bit of background. So for those listening who may not be familiar with what an NF t is just to kind of bring them up to speed real quick before you dive in.

Ronnie Russell 15:37
Right? So for me, again, I wanted to be innovative in an in our approach. But in being innovative in the approach, you have to create something new and you have to create something different. So let me read to you what the NFT is, it’s first of all, just to make sure that everybody knows because a lot of times we see it as we’re more afraid of the early adoption of it. And because we’re afraid of the early adoption, then we don’t feel like it’s something that it’s something that that like we can be a part of. So NFT is a non fungible token, which means that it is unique and can’t be replaced. It is the physical is a contrast physical money and cryptocurrency. So the cryptocurrency space is, is volatile. I mean it goes up, it goes down, it goes up, it goes down. But the one thing that makes that make your NFT different is it will always have value. So what we did with ours, which we actually launched it last year, because we have a we have Texas Black Business Week, which is every second year I mean every second week of February, every year like we’ve been doing it because originally Texas Black Business Week was Texas black pages. And when when I when I launched the chamber I yielded over two IVCC because I didn’t want to compete with my own in my own city with my own events why yielded over so what we did with it when we created the NF t. So I found someone because being with Texas blank page, we have over 17,000 businesses listed within a directory. So I found a SaaS company that also build in our T. So I reached out and told him what I wanted and wanted to create a ticket item. So what happens with your ticketed item, you have to have several other platforms with metamath as well as open seat. So meta mask is where you’re going to have your cryptocurrency storage and you have to have a digital wallet. So that’s your grinder wallet. Right? Correct. Correct. And then you’re going to have to go to open sea and create that account for your crypto wallet to send the money to as well as when people buy it. So what happens is, let’s say you and your organization create the cryptocurrency non fungible token the NFT he created early adoption. So when our our opening ceremony for the Business Week, we gave away 10 fungible tokens. Well, once they give away, we have complimentary, complimentary 10 fungible token. So now that creates the early adoption, because a lot of people want to receive something that they didn’t have to pay for. So the early adopters really begin at that time. So then we did the early adopters, because we created 100 of them. So through the early adoption, we got people to want to go and find out and do research, what NFT was, and how is it beneficial for them. So the NFT that they’ve gotten at no cost to them, already had $100 value on it. So now, that $100 value for them, they got it at no cost. So then what happens is they want to go and buy more. So you as your organization, and when people purchase those NFPs they’re getting money. I mean, you’re receiving income from it. But now it holds value on there, and it’s kind of like buying stocks and bonds, but then when you buy it and then however the market fluctuates, then the value increase, but your cryptocurrency holds a much more stronger baseline with the value of it. So it just helps you out a whole lot more. Now we haven’t transitioned into the website of having a crypto platform where you can get your MBA estimate of your membership by purchasing your your membership through cryptocurrency. But we wanted to do it with events just to test the market. So if you’re thinking about going into the NFP perspective, figure out how are you going to do the early adoption? Because the early adoption is going to get people interested in learning more about what cryptocurrency is, and then you as an organization, you begin to figure out how is it going to benefit you in the organization as well, because because you’re a 501, C three, and they’re right there, they’re purchasing these products. Now they want to write it off, but the value still stays. They can write it off, but it’s still worth 100 hours. So they didn’t lose anything. Yeah,

Brandon Burton 20:40
no, that’s a that’s a neat perspective. And I love how you guys really focused on a trial with a specific event to see, you know, to build out the technology, see how it works. Go about educating your members about it. That’s uh, one of the hurdles that I see is with chambers adopting NFT technology is educating their membership base. So did you take any special steps to educate with this event? Did you just do NFT tickets? Or did you have traditional ticket sales two, sorry, two questions. And one, they’re

Ronnie Russell 21:18
both, we actually did both. So what we did is, of course, here we have the tangible ticket, and the non tangible tickets, of course, which is the NFL, the NFL, the non fungible token. So we tokenized our tickets. I’m gonna say that, again, you tokenize our tickets through the NRP, which is the non fungible token. And what we did was, we had the company that created the NFP itself, actually have them host, a Digital Workshop on Zoom, to get people to be much more educated on what the NFC was. So then the individual that won those non fungible tokens, then we had an additional workshop because they had to show them how they bow to receive it. Because once you receive once you want the NFT, you have to now be able to receive it. So I had to go in, get the go into open See, get the alphanumeric code, and then take that code and then send it to your account. So one, because you want that doesn’t necessarily mean that the work is over with no, you still have to download metamath, you still have to download and create an open sea account in order for me to thin your new cryptocurrency or your new NFT to you in order for it to digitally show up in their in their open sea.

Brandon Burton 22:57
So for those listening, so meta mask is going to be your crypto wallet that you use to receive these the NFT. In exchange crypto, it’s your storage, your wallet, that’s where you host these digital assets. Open see is more of that marketplace, right? Where you can post the NF T’s for sale. And there’s also an aftermarket right for NF Ts. So with this specific NFT that you guys created, is it good for the one event? Is it good for future events to how does it retain its value after the one after the event that you sold them for?

Ronnie Russell 23:37
Again, as cryptocurrencies so the value stays. So we can either repurpose it, or we can keep it as is because right now when you go to Open see you type in innovation, Black Chamber of Commerce, you’re going to see the hologram ticket that was created. So say this year, we’ll say this year during Black Business Week at the launch, we say now we’re going to offer a minted non fungible token from last year. So now the value is going to increase because last year’s price is not today’s price when you when you look at it, so you can just repurpose it and do the same thing. Or instead of doing a complimentary because the education has already been there. So now you can say today’s value, even do a silent auction silent auction with the NFT. So and then again, it’s going to gain more money from the donations of it. So now the winner again, they get the same thing as everybody else who did it with a complimentary service, because they’ve seen it before they understand it now. Well they have a knowledge base about it. So then if another way to do it because even to what you’re selling oxygen because it’s an NF t you take it in Put it on a big screen TV. And it you know in a rotates and everybody see you get the oohs and ahhs and stuff like that. So now through the silent auction of NF T’s, you’re going to make money. And again, in the person that purchased that NF T, they’re going to then take that whole purchase that purchase order that they’ve gotten from the NFT. And they’re gonna write that off. So you’re gonna get money from the silent auction, and they’re going to have a NFT, that they’re going to have value. So now another thing that I want you to know, when they purchased that NFT, and it’s being bought, the value of the NFT, that you have less, I mean, you have left now and goes up, because it’s purchased. Another thing that people can do what your NF t is, because it’s on a marketplace, people can go to like, now we’ve had a couple of hits, because again, open sea is an open market, we had a couple of hits, and people coming in and looking to buy our NF tees and and go through a whole auction process to where they said, Okay, I purchased it for $5 Somebody come out and see it, like no app purchased it for 10. So it just creates an ongoing marketplace by just doing one thing, by allowing yourself to be an early adopter, in creating something that, that that has a lifespan as long as it still exists in the market. Yeah.

Brandon Burton 26:28
So about two years ago, that’s when I was first getting introduced to NF Ts and and I you know, purchase Bitcoin and stuff. But prior to that, but the NF T’s were really starting to come on the scene. And at the same time I was in the process of creating a podcasting course to teach chambers had a podcast, we had a podcast. And the idea hit me, you know, if I created a limited amount, say, you know, 10, or 20 of the podcast courses, but tokenize it as an NFT. And then sell it. So once the chamber knows how to podcast, they don’t need the course anymore, they can resell that and in essence, be marketing to continue to market that course to other chambers. And you could build in a royalty with it to to where maybe you get 10% back on each resale. So it continues to be sold and promoted and produced and pushed out there. I didn’t go that course just because I didn’t have the technical know how to pull it all together. But in concept at that that could be a great utility, whether it’s a chamber or anybody else with courses in the future. But what are some other utilities that you see on the horizon for chambers to utilize and FTS and cryptocurrency?

Ronnie Russell 27:46
I mean, membership, but that’s really if you’re, if the community that you’re in, is really strong as a real good knowledge base, what NF T’s and crypto is and even offering NFT workshops for your members. I mean, even if you excuse me, even if you don’t use it to tokenize some of the things that you do, but you can still offer it as a workshop for your members as well as a workshop for the community. open sea has a grant that they do in order for awhile to assist you with teaching about the NFT process. So there’s grant money that’s out there for innovation. And that’s something that you can use to add into the scope of work with with your workshops, because it’s still early adoption, it’s still early, you know, even though it’s been out for maybe two years going on three years, it’s still early adoption is less than five years. So it’s still early Within those stages, though, I will say just take a look at it and see if it’s beneficial for you for one. And then from those benefits. Now you can add it as a benefit for your corporate sponsor. So they come in, they pay 5000 10,000 15,000 3000, whatever it is, and now that comes with the NFT. So now that corporation or that sponsor that you used to come in at a certain level, like say for your chamber banquets, or your community engagement events, so now you can tokenize their sponsorship by creating they’re taking their logo, of course getting permission, taking their logo and tokenizing their logo to say that this is the 2023 sponsor for whatever. So now you tokenize it so now you’re creating value even after the event is over. So now the event forever lives on because you have tokenized their support

Brandon Burton 30:00
That’s awesome. Yeah, I would follow a similar model, I think that you guys did as you look at memberships. So maybe you don’t do it for your entire membership and maybe a segment, right? Maybe you look at your young entrepreneurs, and you can have, they tend to be some of those early adopters. And if you can explain that, you know, membership for young entrepreneurs is done through an NF T. And that’s gonna get you access to online trainings, and all these different things that are focused for the young entrepreneurs. And then as they grow up, you know, through, you know, their business life through their, their professional career, you slowly start to integrate that throughout the rest of the chamber memberships. And, you know, if that young entrepreneur were to get a different job, or to, you know, heaven forbid, you know, move out of the community, they can either hang on to that as a valuable non fungible token, or they could go to somewhere like open sea and resell it, and be an advocate for your chamber and continuing to sell memberships. I think there’s a lot of utility there. Right? So going back to the ticketing, so you tokenize a ticket as as people showed up to the event, how do you go about you know, accepting the tickets as it you know, a paper traditional paper ticket versus ticketing on an NFT that they pull up on their phone?

Ronnie Russell 31:22
Well, on your back office, open, see, it actually, lets you know who actually purchased it. So they just create your your normal atom analog list of what you who purchased it, and then they come, then they can either they can show it, and then they can then you as organizations still line that particular NFT, owner and ticket purchaser off on your list. So it’s not something out maybe in the in the foreseeable future, which I do know there is a platform that that does do tokenized ticketing, so they can create that tokenized ticketing. And then I believe they do have a QR code, so they can check you in kind of like you do with Eventbrite and other platforms. So I think there is one that’s out there, I did find one, but I went, I wanted to go more. So more so with a open sea account, as opposed to just that one ticket item on that platform. Because once it’s over, it’s over, open feed, keep it a lot longer. So that that’s what we did. And that’s why I made that decision on not just using it as a ticketed items, but use it as a item for ticketing, which extends the life of the event.

Brandon Burton 32:41
Yeah. So I know there’s been a lot of examples out there of entrepreneurs that have launched NFT projects and communities around it. The one that comes to mind is Gary Vaynerchuk, right with his V friends. So maybe rather than going into the whole story of Gary Vaynerchuk, and V friends, people can Google that and get, you know, the background on what that was, but maybe just in a nutshell, he created these little animated characters. And anybody that bought these NF T’s, there’s like 10,000 of them, they would get access to his annual conference that he does for his fans for the next three years. So that one NFT purchase retains its value, you have an image that’s tradable, it’s non fungible, it’s your own, you know, your own property that you purchase, then there’s a lot of after sale market on that, but it retains the value for the next three years, especially with access to his conference. And then he does these airdrops and you know, other, you know, giveaways to those holders of his NFT. So, it incentivizes people to hang on to it and continues to build value on that. So, I just mentioned that put it out there. So chambers can think of other ways to maybe build on the technology and see the offerings that their chamber has to offer and, and see where some things might like that. But Ronny is, as you’ve gone through this experiment, was it worthwhile, would you do it again?

Ronnie Russell 34:16
Um, would I do it again? I will, I will approach it differently. Okay. What lessons did you learn do it again? Yeah. early adoption is is is hard with different age groups. My city the city of Killeen is a young city. But when it comes to Chamber members, a lot of them are older. So the early adoption with the older Chamber members in them is the devil like, I already don’t like to get online with you trying to shove this down my throat. Like I don’t have a habit pay for it. So I, I would do it differently. Like I would pose several NFT workshop, and just invite not just your members, but invite the community to come and be a part of it. Because now when they see your your chamber, actually doing something with NF T’s, then it allows them to feel like, okay, that’s a place that I can go to, they won’t make them feel like the chamber is a nursing home with a bunch of old people in it, right? But it allowed them to say, okay, they talk in my language. And let me go in here and see how I can be an asset. Like maybe you can begin to develop a digital committee and everything in a digital committee is totally different than just marketing is actually digitizing the process, assisting members with digitizing their paperwork, and it just totally changes the game when you’re speaking the language of the youth. So now they want to be a part of what you’re doing, instead of just being what their thing is. That’s what old people. So I will use that the early adoption workshop prior to launching in a ticketed item NF T with people who are already afraid of going online.

Brandon Burton 36:23
And that’s so important for just staying relevant as a chamber going forward. You don’t want to push your your longtime lifetime members do something new, that’s going to push them away. But for those early adopters, and to be able to continue to stay relevant, maybe do it for a segment of your of your membership population and just slowly integrate it. Was there a cost involved with creating the NFT? What does that look like you You said he had worked with the SAS company?

Ronnie Russell 36:52
There there. I think we were there. Maybe third client, okay. It wasn’t expensive. But even after we came, we had two members that we sent to them. So we got kind of, you know, some some money on the back end. That wasn’t how it started. It was like, you know, what you brought us to clients. So this is what we’re going to do for you. So it was kind of a good give and take, when it comes to I think we only pay maybe 450. Okay, for it. So again, it wasn’t expensive. But their work was good. But I will say if you’re thinking about going into the NFP look at their work, go to their open see account, and ensure that you’re getting something that was that is tailored to you and your organization. The one thing that I would do different from a design perspective, is to ensure that the design that they’re doing for you doesn’t look like somebody else’s design that they did. Because they they did a blockchain, you’re like, Oh man, that’s nice. But then you go to the, to their open sea account like, man, one thing you did to take my take their logo out, put my logo in, and then you change their color. But my color. Yeah. So make sure that you create something that is tailored and designed for you. And not a you universal and then like everybody else that they’ve done.

Brandon Burton 38:24
That’s good insight. As far as pricing the NFT. Did you price it in dollars or Aetherium or Solana or what did you price it in?

Ronnie Russell 38:34
It wasn’t Aetherium they use the theory. Okay? Because they had also look at, like, what’s the cost of the of the week that we had to deal with? So it won’t be I’m charging you this month, I mean this much. But then you got this much and gas fee. So you’re like, Man, the value ain’t the same or more because you got hit with so much. So many feeds with just purchasing it. So again, the company that went through using Ethereum, so it would depend on like, even when you’re doing it, make sure they’re there, they’re open enough to educate you about it and educates you through the entire process. Like it’s kind of like the customer journey. So have them walk you through the entire journey like like, I am the person that is purchasing the NFT now walk me through it, boom, boom, boom, boom, boom. Right. Now, I’m

Brandon Burton 39:31
just curious from a back end side of it, do you do you keep those sales in Aetherium? Did you convert it back to dollars as you put it into Bitcoin or how did that look after the sale?

Ronnie Russell 39:43
Of course the market fluctuates, but keeping it in, in the in the crypto space, it allows that to be a market that your marketplace so then when you do want to convert it and push it through your metamath gives me send it from Coinbase to traditional bank. I wanted to keep it any theory and because at the time the market was fluctuating as far as the cryptocurrency was was going, so I kept it in there. It’s kind of like, if you take it out too early, now you lost all this value because it unhit again. So I kept it in there.

Brandon Burton 40:22
Okay, good deal. So as we start wrapping up, I wanted to ask you for any chambers that are out there listening that are looking to take their chamber up to the next level, what tip or action item, might you suggest whether it’s related to the NFT space or anything else? What What would you have to offer?

Ronnie Russell 40:42
This, don’t be afraid of technology. Like our three buckets in the chamber itself is Business Technology, and veteran. And I want it to ensure that there was a technology agenda. Because a lot of people are afraid when they hear the word technology because there is a there are developed fears. When it comes to technology. Just because you don’t know doesn’t mean that you can’t find out. And when you begin to find out, that’s when you become an asset to be valuable to those who need the information that you just obtain. So don’t be afraid of technology, learn the technology, understand the technology, repurpose the information that you that you just found.

Brandon Burton 41:32
That is a that’s a great tip there especially like repurposing that information that you find. As we look to the future of chambers of commerce, how do you see the future of chambers and their purpose going forward?

Ronnie Russell 41:48
I think chambers need to be more of a conduit when it comes to crowdfunding. Because for us we do a lot of giving. And because we do a lot of giving we we we have a lot that we receive, like for our Juneteenth festival is actually crowdfunding. Okay, it looks like a festival to the eye. But on a back end. It’s it’s a program. It’s an economic program. We give away 10,000 hours a year, during our Juneteenth festival, first prize, get five second, get three. And third, get to. So as the sponsors pay into your program, repurpose the sponsorship and pour that back out into the community. Because the community is where the members lead. And the community is where who go and support the business that are not your member. So those members that are not your members seeing what you do, because for our Juneteenth festival with the June team, grant, it can be a member or not, that come and be a part of it. But when you’re an asset from a economic perspective, so then it becomes a resource and a value to the community because you have value and you have valuable value is something that is presented valuable is a resource, it is a resource that then becomes duplicated, because it is always going to be needed, because it was always going to meet a need. Because problems is just a need that meet a need that that that needs to be met. So look at what needs need to be met, and then create a program that meets the needs of the issue.

Brandon Burton 43:50
I love it very well said. So, Ronnie, I wanted to give you an opportunity to share any contact information for listeners that like to reach out and connect and learn more maybe about building an NFT or looking for a referral to the SAS company that did this for you what, what would be the best way for them to reach out and connect and learn more?

Ronnie Russell 44:11
Yeah, so you can find and follow the Innovation Black Chamber of Commerce on Facebook, Instagram. Going to website innovationbcc.org. There’s lots of social proof that’s out there. So if you want to send an email, you can send an email to info@Innovationbcc.org or you can give us a call at 254-415-9951 and I’m in the heart of Texas, Central Texas. So I have no issue with with coming and speaking whatever it is, is at no cost to you. I will pull up and show up longer it means that I’ll pull up as though

Brandon Burton 44:58
that is a great offer right there because Ronnie covered a lot of valuable information with us today. I hope everybody was taking notes, maybe re listen to this one again, dive in a little bit deeper and learn more about NFT technology and see where those overlaps are for your chamber for your community, how you can apply this sustain relevant going forward into the future. But Ronnie, thank you so much for joining us today for sharing your experience and how you guys have gone through this and, and really just painting a picture of how NF Ts can really meet a need for Chambers of Commerce. I really appreciate that.

Ronnie Russell 45:36
So thank you for that.

Brandon Burton 38:24
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