The IBJ Podcast with Mason King

In this week's podcast, Peter "Pete the Planner" Dunn says parents aren't doing their adult kids any favors when they share details about their net worth or finances. In fact, doing so can cause far more problems than it solves. Dunn explores these problems with podcast host Mason King and gives some advice about what money issues are appropriate to talk about with your adult kids. Hint: Stay away from the dollar signs! You can read Dunn's column about the issue—and all of his other IBJ columns—by clicking here.

After decades working in car sales, Cole Keesling knows what buyers want and how dealerships work. So he created a website an app called CarSnoop that helps connect buyers and sellers in a way that helps both. Keesling talks with host Mason King about how he developed the idea, what it took to go from concept to product and the marketing push CarSnoop has underway. Want to learn more? Read IBJ reporter Anthony Schoettle's story about CarSnoop at IBJ.com.  

The NCAA made it official last week: Indianapolis will host the entire March Madness men's basketball tournament this spring. That's every team. Every game. With the goal of creating a coronavirus-free zone for players, team staffs, officials and a few hundred family members who will be allowed to attend each game. The logistics needed to pull this off are incredible. But Indianapolis officials tell IBJ reporter Mickey Shuey they are up to the task. So podcast host Mason King talks with Shuey about what he's learned and what's left to figure out. To learn more, check out Mickey's story about the city's plans for the tournament here.

COVID-19 vaccinations are underway, with tens of thousands of shots administered here in Indiana. But how many doses are available and who is receiving them? And of course, the question on many people’s minds: When can I get a vaccine? Or when can my parents get one? IBJ reporter John Russell has been looking for answers. So we invited him onto the podcast to tell us what he’s learned.   (Vaccine photo by Ricky Carioti, The Washington Post)

In a discombobulating year that has turned everything from the world economy to a simple trip to visit your relatives upside down, it’s not particularly important that many college football teams were able to eke out a full season—but it was an impressive feat nonetheless. And no team was more surprising than the Indiana University Hoosiers. Although the team clearly was on an upward trajectory under fourth-year coach Tom Allen, its ascension to the nation’s top 10 with a 6-1 record in the Big Ten was almost surreal. The good news for IU: The team has booked the Outback Bowl on Jan. 2 with Ole Miss. The bad news: Allen is one of the hottest coaches in the nation and is being pursued by upper-echelon schools with plenty of resources. This is an unusual position for a program that historically has been the Big Ten’s doormat, at least in part because it hasn’t made the necessary investments in football. In this week’s edition of The IBJ Podcast, host Mason King and longtime sports reporter Anthony Schoettle discuss IU’s prospects for keeping Allen, factoring in his contract buyout clause, his stated loyalty to the program and IU’s new philosophy on investing in gridiron success. Unfortunately, as Schoettle points out, IU needs Tom Allen right now a lot more than Tom Allen needs IU. The IBJ Podcast is brought to you by the law firm Krieg DeVault.      

Lawmakers are required to do just two things in 2021—pass a budget to take effect on July 1 and redraw legislative and congressional district maps based on Census data that will be released later this year. The former occurs every two years; the latter every 10. But it's the budget that is likely to give lawmakers the most fits. After all, the state took in $1.4 billion less in tax revenue than they expected during the fiscal year that ended June 30, the result of slowed economic activity and high unemployment due to the pandemic. And they don't know yet what revenue will look like in 2021 and beyond. To find out what to expect, host Mason King talks with IBJ Statehouse reporter Lindsey Erdody about what legislative leaders are saying about the budget, which state programs could be on the chopping block and what spending the Republican-majority will prioritize.  Click here to follow Lindsey's coverage of the General Assembly and read her previews of the legislative session. The IBJ Podcast is brought to you by the law firm Krieg DeVault.      

When not-for-profits started filling your inbox with requests for donations on Giving Tuesday last week, did you respond to any of them? If so, was your contribution part of a larger plan for giving? Or were you moved by a particular message and donated on the spot? And does it matter? Giving — and how it fits into your larger financial planning — is the subject of this week's podcast with Peter "Pete the Planner" Dunn. Host Mason King peppers Pete with questions about whether it's better to give one or two big gifts a year, as opposed to a bunch of smaller ones; how much is the right amount to give overall (or even whether there is a "right" number); and how you choose what organizations to invest your dollars in. And Pete explains what's changing about his giving strategy this year. The IBJ Podcast is brought to you by the law firm Krieg DeVault.      

Bloomington-based Cook Medical announced last week that it will invest $7 million to help build a $15 million medical device manufacturing facility at 38th Street and Sheridan Avenue that is expected to be transformational for the lower-income neighborhood on the northeast side of Indianapolis. Cook has partnered with Goodwill of Central & Southern Indiana, The Indianapolis Foundation, Impact Central Indiana and the United Northeast Community Development Corp. to build the facility and hire 100 employees for jobs expected to pay an average hourly wage of $16 plus benefits. Goodwill will operate the plant with the goal of hiring workers from the neighborhood—and will provide key wrap-around services to ensure those workers and their families have the food, housing and education they need to succeed. Podcast host Mason King talked with Pete Yonkman, president of Cook Group and Cook Medical, and Ashley Gurvitz, executive director of United Northeast Community Development Corp., about the project and what it could mean for the neighborhood. And Yonkman explains why Cook is urging other companies to make similar moves. The IBJ Podcast is brought to you by the law firm Krieg DeVault.    

The NCAA announced last week that it is in negotiations with local officials to hold its entire March Madness tournament—not just the Final Four, but every single game of the event—in Indianapolis this spring. It's part of an effort to mitigate the impact of COVID-19 on the teams participates and the officials who are involved. The tournament would be treated as a virus-free bubble, similar to the way the NBA operated in Orlando. So what would that mean for Indianapolis? And can the city pull it off? To find out, podcast host Mason King talked with IBJ reporter Mickey Shuey, who has been covering the story, as well as Mark Ganis, co-founder of Chicago-based Sportscorp. Ltd., and Larry DeGaris, a University of Indianapolis professor and sports marketing consultant. They explain why Indianapolis is such a good candidate to take on the event and what challenges lie ahead. The IBJ Podcast is brought to you by the law firm Krieg DeVault.    

Dozens of organizations and governmental agencies across central Indiana are trying to address hunger and food insecurity. Schools provide meals to students. The federal government sends food assistance to low-income Hoosiers. Not-for-profits as big as Gleaners Food Bank of Indiana and as small as church food pantries are trying to make sure families have enough to eat. Enter a new effort—Food Secure Indy. But this group won't distribute food or build grocery stores or dig community gardens. Instead, the coalition of Indy companies, government leaders and not-for-groups will work to coordinate existing services. And by doing so, it hopes to The goal is to provide an additional 740,000 meals a month in Marion County on a regular basis by 2023. Podcast host Mason King talks with Margie Craft, a senior adviser at Elanco (the lead company in the coalition) and the project lead for Food Secure Indy about the effort and what it will take to be successful. To learn more, read reporter John Russell's story about Food Secure Indy and the hunger problem in Indianapolis. The IBJ Podcast is brought to you by the law firm Krieg DeVault.