Your Customers Are Doing Economics Whether You Are or Not with Dr. Kristi-Warren Scott Bishop of Verity Consulting

Ep 146: Your Customers Are Doing Economics Whether You Are or Not with Dr. Kristi-Warren Scott Bishop of Verity Consulting Part of noseyAF's 31 Days of Black Business series 🖤 She was going to call herself the corniest economist. Her friend said no, you're the baddest economist I know. She was terrified to use it. Her friend said do it scared. Dr. Kristi-Warren Scott Bishop is a PhD economist and the founder of Verity Consulting, which she launched in fall of 2025 after spending over a decade doing economics across the federal government. She started it because she was tired of watching businesses make what she could plainly see were bad decisions. What We Talk About What an economist actually does for a business, and why there's no wrong time to bring one in, whether you're just starting or something just feels off What supporting Black business actually looks like from an economic perspective, at both the micro and macro level How Hump Day Economics started, and why she couldn't find a credentialed economist explaining why the eggs cost what they cost The unexpected turn: she's not a subject matter expert in your field and doesn't try to be. She brings the tool. You bring the business. If you love a conversation that makes something big feel usable, this episode is for you. Chapters: 00:07 - Celebrating Black Business Month 05:08 - Understanding Consumer Economics 13:20 - Understanding the Role of Data in Consumer Behavior 23:31 - Engaging Economists: Timing and Strategies for Entrepreneurs 32:21 - Understanding Consumer Values in the Black Community 46:34 - Transitioning to Business Insights All about Kristi Bishop You're gonna love Kristi. Dr. Kristi-Warren Scott Bishop translates how economics shows up in ordinary decisions, from why the gas tank waits until morning to why grocery prices feel different than the receipt says. Under the banner The Baddest Economist You Know, she turns ideas like present bias and revealed preference into weekly conversations her audience actually finishes watching. She's spent over a decade in federal economics work, including at the CDC and the Social Security Administration, and now runs Verity Consulting, a boutique economic consultancy helping consumer-facing organizations understand the economics driving their customers' behavior. Verity offers two tiers of monthly subscription with a three-month minimum, plus larger project engagements. Their first big one wrapped in April for a Black-owned spirits brand in Prince George's County. Things We Mentioned Verity Consulting → verityconsultingllc.com · [email protected] Hump Day Economics, her weekly Instagram series Courtney Walden of Chicago Massage, her best friend and one of her clients The K-shaped economy, and what it explains about the airlines This series is supported by Off the Grid, a podcast for small business owners who want to leave social media without losing their clients. Find them at offthegrid.fun 🖤 Connect with Kristi Bishop Website: verityconsultingllc.com Email: [email protected] IG: @verityecon Stay Connected 📬 Get the noseyAF Dispatch → Subscribe here 🏡 Grab the Good Neighbor Playbook → Download it free More ways to connect Email: [email protected] Follow on IG: @stephaniegraham Listen to more episodes: noseyaf.com Support & Feedback noseyAF is listener-supported; thank you for being here. 💛🫶🏾 ⭐ Rate & Review the Show 📣 Share noseyAF with a friend who needs to hear this Episode Credits Produced, Hosted, and Edited by Stephanie Graham Lyrics: Queen Lex Instrumental: Freddie Bam Fam Cover Art: Emma McGoldrick