*By Max Godnick*
Bethenny Frankel is using the same skills she used to succeed in the business world to help change lives in Puerto Rico and Guatemala.
The author, philanthropist, and entrepreneur is the founder of B Strong, a crisis intervention initiative that focused its efforts on disaster relief during the historic Atlantic hurricane season of 2017. The organization helped charter over fifty planes to deliver aid to Puerto Rico and raised over $1 million, which was distributed via cash cards.
"It felt like business," Frankel said of the non-profit endeavor in an interview with Cheddar on Tuesday.
The "Real Housewives of New York" star said she approached her role like a CEO and viewed her supporters as investors.
"They were investing their money to help people or investing their time to donate," she said.
Frankel's business mindset is one she knows well as the founder of Skinnygirl, the lifestyle brand she sold to Beam Suntory in 2011. The company is now expanding beyond its cocktail roots into food and clothing, with a denim line expected to be in stores this fall. She also started production company B Real-ity and is a guest judge on ABC's hit deal-making show, "Shark Tank."
Frankel thinks these experiences helped her prepare for her most important job yet.
"I knew that skill set," she said of the tools required to conduct such a large-scale relief endeavor, directly tracing them back to her stint as an event planner. "I know how to start a company, I know how to run a company, I know how to manage people and execute."
Frankel said the experience kept her from sleeping for three months as she organized her team and helped mobilize online chat rooms into meaningful support. She framed her direct and personal approach to a privately-run humanitarian mission as more effective and trustworthy than larger organizations.
"Right now the world of Big Charity is very not trusted," Frankel said, adding, "The people in Puerto Rico don't know where that money is."
For the full segment, [click here.](https://cheddar.com/videos/bethenny-frankel-runs-disaster-relief-efforts-like-a-ceo)
Many Americans are quitting their jobs and starting their own small businesses throughout the pandemic. The butterfly effect from the increasing number of small businesses is set to affect the economy in a big way going forward. Cheddar News was joined by Shaundell Newsome, Co-Chair of Small Business for America's Future & Founder of Sumnu Marketing Firm to discuss all this and more.
Mario Stefanidis, Vice President of Research at Roundhill Investments, joined Wake Up With Cheddar to break down the implications of the Take-Two deal to purchase Zynga, as the gaming giant looks to become a major player in mobile gaming.
Investors were on edge on Monday following bitcoin plummeting below the $40,000 dollar mark, hit its lowest price since September. The world's largest crypto has had months of hot and cold streaks, hitting a record high of $69,000 just months earlier in November. The latest drop now has analysts wondering just what 2022 will have in store for bitcoin and crypto as a whole.
Budd White, Chief Product Officer at Tacen explains what’s next for bitcoin and what other cryptos should be on the lookout for.
David Bowie's entire catalog of songs has officially been sold to Warner Music Group by his estate for an estimated $250 million. This means the group now has the full rights to almost all of David Bowie's recordings. But Bowie, just the latest music mega deal. Just last month, Bruce Springsteen sold his entire catalog to Sony Music Entertainment at what in fact maybe be the biggest transaction ever for a single artist's body of work. In addition, John Legend also cashed in by selling rights to his songs from 2004 to early last year. Culture Correspondent at NPR, Anastasia Tsioulcas, joined Cheddar to discuss more.
Treasury officials say that filing taxes this year could be frustrating due to staffing shortages at the IRS and paperwork backlog. Cheddar News speaks with Brent Weiss, certified financial planner and co-founder of Facet Wealth, on how to best file your returns in 2022.
As the need for COVID-19 testing increases, so does the price of the tests themselves. An agreement with The White House and several major companies to sell the tests at a lower cost has now expired, sending prices up as retailers struggle to keep kits on shelves. Dr. Thomas McGinn, executive VP of physician enterprise at Common Spirit Health, joins Cheddar News to discuss.